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Presented below are data on three promissory notes. Determine the missing amounts. (Use 360 days for calculation. Do not round intermediate calculations.) Date of Note
Presented below are data on three promissory notes. Determine the missing amounts. (Use 360 days for calculation. Do not round intermediate calculations.) Date of Note April 1 July 2 March 7 Terms 60 days 30 days 6 months Maturity Date Principal $918,000 75,000 134,600 Annual Interest Rate 6 % % 9% $ LA LA $ Total Interest $500
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