The following are data on three promissory notes. Determine the missing amounts. (Round answers to O decimal places, e.g. 5,275. Use 360 days for calculation.) Maturity Date of Note Terms Date Principal (a) April 1 60 days $842,400 Annual Interest Rate 5 % $ (b) July 2 30 days 100,800 % (c) March 7 6 months 129,600 10 % $ 67 Total Interest $504
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- 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%.) Date of Note Terms Maturity Date Principal Annual Interest Rate Total Interest (a) April 1 60 days $605,200 11 % $enter total interest in dollars for promissory note A rounded to 0 decimal places (b) July 2 30 days 94,530 enter an annual interest rate for promissory note B rounded to 0 decimal places % $630 (c) March 7 6 months 112,550 11 % $enter total interest in dollars for promissory note C rounded to 0 decimal placesPresented below are data on three promissory notes. Determine the missing amounts. (Use 360 days for calculation. Do not round intermediate calculations.) Maturity Annual Total Date of Note Terms Date Principal Interest Rate Interest 60 April 1 $720,000 6 % a. days 30 b. July 2 70,800 days 6. March 7 127,600 9 % C. months %24 %24Presented below are data on three promissory notes. Determine the missing amounts. (Use 360 days for calculation. Do not round intermediate calculations.) Date of Note Terms Maturity Date Principal Annual Interest Rate 60 April 1 $810,000 6 % tA $ days 30 July 2 70,800 % days 6 March 7 128,000 10 % $ months Total Interest $590
- The following are data on three promissory notes. Determine the missing amounts. (Round answers to O decimal places, e.g. 5,275. Use 360 days for calculation.) Date of Note Terms Maturity Date Principal (a) April 1 60 days May 31 $842,400 (b) July 2 30 days August 1 100,800 (c) March 7 6 months September 7 129,600 Annual Interest Rate 5 % $ Total Interest 6 ୫୫ 252,720 $504 10 % $ 2,365,200Presented below are the 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 ofNote Terms Maturity Principal Annual Interest Total Interest Date RateApril 1 60 days ? $605,200 11% ? July 2 30 days ? 94,530 ? $630March 7 6 months ? 112,550 11% ?Compute the maturity date and the maturity value associated with each of the following notes receivables. (Use 360 days for calculation. Round intermediate calculations to 2 decimal places, e.g 52.75 and final answers to O decimal places, e.g. 1,525.) 1. 2. 3. 1. 2. 3. A $15,000, 6%, 3-month note dated April 20. A $25,000, 8%, 72-day note dated June 10. An $8,000, 9%, 30-day note dated September 20. Maturity date > tA 69 Maturity value
- Compute interest and find the maturity date for the following notes. (Round answers to O decimal places, eg 825. Use 360 days for calculation) Date of Note Principal Interest Rate (%) Terms (a) June 10 $87,900 8% 60 days (b) July 14 $55,600 9% 90 days (c) April 27 $12,240 10% 75 days Interest Maturity Date (a) $ (b) $ (c) %24 %24Presented below are data on three promissory notes. Determine the missing amounts. (Use 360 days for calculation. Do not round Intermediate calculations.) a. b. J Date of Note April 1 July 2 March 7 Terms 60 days 30 days 6 months Maturity Date May 31 August 1 September 7 Principal $792,000 100,000 121,600 Annual Interest Rate 5 % % 9 % $ EA $ Total Interest $500Presented below are data on three promissory notes. Determine the missing amounts. (Round answers for Total Interest to O decimal places, e.g. 825. Round annual interest rate to 0 decimal places, e.g. 15%. Use 360 days for calculation.) (a) (b) (c) Date of Note April 1 July 2 March 7 Terms 60 days 30 days 6 months Maturity Date Principal $780,000 80,400 165,000 Annual Interest Rate 15 % % 16 % $ $ Total Interest $938
- Presented below are data on three promissory notes. Determine the missing amounts. (Use 360 days for calculation.) Maturity Total Annual Date of Note Terms Date Principal Interest Interest Rate $804,000 6% $ (a) 60 days April 1 30 days $540 (b) July 2 108,000 9% $ (c) March 7 6 months 125,400Presented below are data on three promissory notes. Determine the missing amounts. (Use 360 days for calculation.) (a) (b) (c) Date of Note April 1 July 2 March 7 Terms 60 days 30 days 6 months Maturity Date May 31 August 1 September 7 Principal $570,000 93,600 115,000 Annual Interest Rate 10 % % 11 % $ tA $ Total Interest $702Compute interest and find the maturity date for the following notes. (Round intermediate calculations to 2 decimal places, e.g. 15.25 and final answers to O decimal places, e.g. 5,275. Use 360 days for calculation.) (a) (b) (c) Date of Note June 10 July 14 April 27 Principal $90,000 $64,800 $43,200 Interest Rate (%) 6% 7% 8% Terms 60 days 90 days 75 days $ $ LA Interest IN Maturity Date 4