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 waswritten.) Assume the year is not a leap year.

Principal

Rate

Effective

Date

Partial Payment

Maturity

Date

Amount

Date

$3400

6.5%

Jan. 1

$2000

May 1

July 31

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Click the icon to view a table of the number of the day of the year for each date.

The balance due on the note at the date of maturity is $

nothing

.

(Round to the nearest cent asneeded.)