Question: Presented below are data on three promissory notes. Determine the missing amounts. (Use 360 days for calculation.) Presented below are data on three promissory notes.

Presented below are data on three promissory notes. Determine the missing amounts. (Use 360 days for calculation.)

Presented below are data on three promissory notes. Determine the missing amounts. (Use 360 days for calculation.) (a) (b) Date of Note April 1 July 2 March 7 Terms 60 days 30 days 6 months Maturity Date Principal $570,000 93,600 115,000 Annual Interest Rate 11 Total Interest $702

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