Presented below are data on three promissory notes. Determine the missing amounts.
|
Date of |
Maturity |
Annual |
Total |
||
|
Note |
Terms |
Date |
Principal |
Interest Rate |
Interest |
|
(a) April 1 |
60 days |
? |
$600,000 |
9% |
? |
|
(b) July 2 |
30 days |
? |
90,000 |
? |
$600 |
|
(c) March 7 |
6 months |
? |
120,000 |
10% |
? |