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Donald Peterson owes $ 1 1 5 , 2 0 0 on a 6 % , 1 3 0 - day note. On day 3
Donald Peterson owes $ on a day note. On day he pays $ on the note. On day he pays an additional $ Based on the US Rule, calculate the following. Use a day year, and round all answers to the nearest cent. Adjusted balance after the first payment: $ Adjusted balance after the second payment: $ Balance at maturity
Donald Peterson owes $ on a day note. On day he pays $ on the note. On day he pays an additional $
Based on the US Rule, calculate the following. Use a day year, and round all answers to the nearest cent.
Adjusted balance after the first payment: $
Adjusted balance after the second payment: $
Balance at maturity
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