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Simple Interest. Thomas borrows $85,000.00 at 9.00% for 270 days. He pays $30,000.00 on day 45 and another $25,000.00 on day 180. How much does
Simple Interest. Thomas borrows $85,000.00 at 9.00% for 270 days. He pays $30,000.00 on day 45 and another $25,000.00 on day 180. How much does he need to pay on the due date using the ordinary interest method (round to the nearest day)? O a $32,844.77 O b. $55,956.25 O c $33,583.78 O d. $90,737.50
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