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Presented below are data on three promissory notes Determine the missing amounts (Round answers for Total Interest to decimal placeseg 825. Round annual interest rate
Presented below are data on three promissory notes Determine the missing amounts (Round answers for Total Interest to decimal placeseg 825. Round annual interest rate to decimal places, eg 15% Use 360 days for calculation .) Date of Note Total Interest Terms Maturity Date Annual Interest Rate Principal April60 $ 690,000 ( a) days 5581 30 99,600 ( b) July 2 days 9 % $ March 170,000 ( c) 6 months 7
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\%. Use 360 days for calculation.)Step by Step Solution
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