dealer borrowed $ 25,000 on a 150 - days 4% simple interest note. He paid $ 10,000 toward the note on day 30. On day 80 he paid an additional $ 10,000. Assume 360-days year, what is his ending balance due?

B) A dealer borrowed S 25,000 on a 150days 4% simple interest note. He paid $ 10,000 toward the note on day 30. On day 80 he paid an additional $ 10,000. Assume 360-days year, what is his ending balance due? (points)