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Maurice owes $12,000 on an 8%, 60-day note (Use 360 days). On day 30, Maurlce pays $6,000 on the note. On day 45, he pays

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Maurice owes $12,000 on an 8%, 60-day note (Use 360 days). On day 30, Maurlce pays $6,000 on the note. On day 45, he pays an additional $3,000, then pays the balance on day 60. Match the value with the reforence Drag statements on the right to match the left $10.33 Adjusted balance after first payment $20.27 Interest as of Day 45 Amount to be applied to Principal on first payment $80 Amount to be applled to Principal on second payment $2.979.73 $3,100.27 Interest amount et end of loan term. Balonce owed at Day 60 $3,10.60 Adjusted balance after second $5,920 payment $6,080 Interest as of Day 30

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