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Max Wholesaler borrowed $9,000 on a 11%, 120-day note After 45 days, Max paid $3,150 on the note Thirty days later, Max paid an additional

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Max Wholesaler borrowed $9,000 on a 11%, 120-day note After 45 days, Max paid $3,150 on the note Thirty days later, Max paid an additional $2700 Use ordinary interest a. Determine the total interest use the U.S. Rule (Do not round intermediate calculations. Round your answer to the nearest cent.) Total interest amount $ 183.75 b. Determine the ending balance due use the US, Rule (Do not round intermediate calculations. Round your answer to the nearest cent.) Ending balance due $ 386 25

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