Mathematics, 21.02.2022 18:20 ashleygarcia0884
A partial payment is made on the date indicated. Use the United States rule to determine the balance due on the note at the date of maturity (The Effective Date is the date the note was written.) Assume the year is not a leap year.
Principle: $2300
Rate: 19%
Effective date: August 1st
Partial payment on September 1st
Partial payment on October 1st
Maturity date: November 1st
The balance due on the note at the date of maturity is $
(Round to the nearest cent as needed.)
Answers: 2
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A partial payment is made on the date indicated. Use the United States rule to determine the balance...
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