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The following are data on three promissory notes. Determine the missing amounts (Round answers to 0 decimal places, eg. 5,275, Use 360 days for calculation)
The following are data on three promissory notes. Determine the missing amounts (Round answers to 0 decimal places, eg. 5,275, Use 360 days for calculation) Date of Note Terms Maturity Date Principal (a) April 1 60 days $802,800 (b) July 2 30 days August 1 108,000 (c) March 7 6 months Septonter 126,000 Annual interest Rate Total Interest 9%
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