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 |
Terms |
Maturity |
Principal |
Annual |
Total |
|
(a) |
April 1 |
60 days |
May 30June 31May 31 |
$600,000 |
9% |
$ |
|
(b) |
July 2 |
30 days |
August 1August 2June 2June 1 |
90,000 |
% |
$600 |
|
(c) |
March 7 |
6 months |
September 7September 6October 7October 6 |
120,000 |
10% |
$ |