accounting question 498766

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.)

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Date of
Note

Terms

Maturity
Date

Principal

Annual
Interest Rate

Total
Interest

(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%

$

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