Styles K9 X fx C D Q8: Bruce Wayne borrowed $14 300.00 for investment purposes on May 19, on a demand note providing for a variable rate of interest and payment of any accrued interest on December 31. He paid $1,300.00 on June 28, $1,450 on September 25, and $4,200.00 on November 15. How much is the final payment on December 31 if the rate of interest was 11.5% on May 19; 8.21% effective August 1; and 6.35% effective November 1? Use the declining balance method and show all calculations CLR 9 L10 Obj. 3 Interest PRINCIP Balance SPORTION Payment 1 Date May June Sept 1 TI TIL ! HIGH TL I TIL LIT TIT T $1,300.00 $1,450.00 1 1 1 1 IT IT 1 1 1 1 F1 ULTI TI L LLLL T 1 1 NOV-- 11 _$4,200.00 ! 1 IL Dec- Final Payment Final Interest Cell B Cell B USE THIS TABLE TO CALCULATE Dates and INTEREST Time time/365 R 2017-05-19 2017-06-28 INTEREST or 20 2017-07-31