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Max Wholesaler borrowed $ 1 , 5 0 0 on a 6 % , 1 2 0 - day note. After 4 5 days, Max
Max Wholesaler borrowed $ on a day note. After
days, Max paid $ on the note. Thirty days later, Max paid an
additional $ Use ordinary interest.
aDetermine the total interest use the US
Rule.Do not round intermediate
calculations.Round your answers to the
nearest cent.Total interest amount
$bDetermine the ending balancedue
use the US Rule.Do not round intermediate
calculations.Round your answers to the
nearest cent.Ending balancedue
$
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