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B-A trader borrowed $800000 a 120-day 4% simple interest bote. He paid $1000 toward the note on day 35. On day 80 he paid an
B-A trader borrowed $800000 a 120-day 4% simple interest bote. He paid $1000 toward the note on day 35. On day 80 he paid an additional S1000. Assume 360-day year, what is his enting balance due? points) BUSI01 - VERA Fall 203031 C A service provider borrowed $75,000 from a local Bank. The loan was for 15 months at a simple interest rate of 8%. What are the interest and the matunity value? (6 points) B-A trader borrowed $800000 a 120-day 4% simple interest bote. He paid $1000 toward the note on day 35. On day 80 he paid an additional S1000. Assume 360-day year, what is his enting balance due? points) BUSI01 - VERA Fall 203031 C A service provider borrowed $75,000 from a local Bank. The loan was for 15 months at a simple interest rate of 8%. What are the interest and the matunity value? (6 points)
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