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Brief Exercise 9-09 Presented below are data on three promissory notes. Determine the missing amounts. (Use 360 days for calculation. Do not round intermediate calculations.)
Brief Exercise 9-09 Presented below are data on three promissory notes. Determine the missing amounts. (Use 360 days for calculation. Do not round intermediate calculations.) Maturity Annual Total Date of Note Terms Date Principal Interest Rate Interest April 1 60 days May 31 $930,000 6 % a. b. July 2 30 days 78,000 % $520 c. March 7 6 months 130,600 10 %
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