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Presented below are data on three promissory notes. Determine the missing amounts. (Round answers to 0 decimal places, e.g. 125. Assume length of year =
Presented below are data on three promissory notes. Determine the missing amounts. (Round answers to 0 decimal places, e.g. 125. Assume length of year = 360 days.) Date of Note Terms Maturity Date Principal Annual Interest Rate Total Interest (a) March 1 60 days $629,500 9% $ (b) June 2 30 days 93,900 % $520 (c) March 5 6 months 128,200 9% $
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Fundamental Accounting Principles Volume 1
Authors: Kermit Larson, Tilly Jensen, Heidi Dieckmann
15th Canadian Edition
1259259803, 978-1259259807
