Calculate the missing amount for each of the following notes receivable.
$$\begin{array} { c c c c }
\begin{array} { c }
\text { Face } \
\text { Value }
\end{array} & \begin{array} { c }
\text { Annual } \
\text { Interest rate }
\end{array} & \begin{array} { c }
\text { Fraction of } \
\text { the Year }
\end{array} & \text { Interest } \
\hline \$ 15,000 & 4 \% & 8 \text { months } & ( \text { a) } \
\$ 25,000 & 8 \% & \text { (b) } & \$ 500 \
\$ 30,000 & ( \text { c) } & 4 \text { months } & \$ 500 \
\text { (d) } & 6 \% & 6 \text { months } & \$ 600
\end{array}$$

Question

Calculate the missing amount for each of the following notes receivable.
 $$\begin{array} { c c c c } 
\begin{array} { c } 
\text { Face } \
\text { Value }
\end{array} & \begin{array} { c } 
\text { Annual } \
\text { Interest rate }
\end{array} & \begin{array} { c } 
\text { Fraction of } \
\text { the Year }
\end{array} & \text { Interest } \
\hline \$ 15,000 & 4 \% & 8 \text { months } & ( \text { a) } \
\$ 25,000 & 8 \% & \text { (b) } & \$ 500 \
\$ 30,000 & ( \text { c) } & 4 \text { months } & \$ 500 \
\text { (d) } & 6 \% & 6 \text { months } & \$ 600
\end{array}$$

Quizplus · Accepted Answer

The Answer of Calculate the missing amount for each of the following notes receivable.
 $$\begin{array} { c c c c } 
\begin{array} { c } 
\text { Face } \
\text { Value }
\end{array} & \begin{array} { c } 
\text { Annual } \
\text { Interest rate }
\end{array} & \begin{array} { c } 
\text { Fraction of } \
\text { the Year }
\end{array} & \text { Interest } \
\hline \$ 15,000 & 4 \% & 8 \text { months } & ( \text { a) } \
\$ 25,000 & 8 \% & \text { (b) } & \$ 500 \
\$ 30,000 & ( \text { c) } & 4 \text { months } & \$ 500 \
\text { (d) } & 6 \% & 6 \text { months } & \$ 600
\end{array}$$

Calculate the Missing Amount for Each of the Following Notes