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 places

FINANCIAL ACCOUNTING
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Author:Libby
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Chapter1: Financial Statements And Business Decisions
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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 places 
 
 
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