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PLEASE ANSWER ALL EMPTY PARTS IN TABLE Presented below are data on three promissory notes. Determine the missing amounts. ( Round answers for Total Interest
PLEASE ANSWER ALL EMPTY PARTS IN TABLE
Presented below are data on three promissory notes. Determine the missing amounts. (Round answers for Total Interest to 0 decimal places, e.g. 825. Round annual interest rate to 0 decimal places, e.g. 15%.)
Date of Note | Terms | Maturity Date | Principal | Annual Interest Rate | Total Interest | |
(a) | April 1 | 60 Days | $605,200 | 11% | ||
(b) | July 2 | 30 Days | $94,530 | $630 | ||
(c) | March 7 | 6 Months | September 7 | $112,550 | 11% |
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