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Given Principal: $ 8 , 5 0 0 , 5 % , 2 4 0 days Partial payments: On 1 0 0 th day, $
Given Principal: $ days
Partial payments: On th day, $
On th day, $
a Use the US Rule to solve for total interest cost. Use days a year. Do not round intermediate calculations. Round your
answer to the nearest cent.
Total interest cost
b Use the US Rule to solve for principal balances. Use days a year. Do not round intermediate calculations. Round your
answers to the nearest cent.
c Use the US Rule to solve for final payment. Use days a year. Do not round intermediate calculations. Round your answer to
the nearest cent.
Final payment
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