The exercise is: https://www.coursehero.com/file/22166159/Selected-Waterways/ Hi, about the cash budget in the last question I have a doubt about the interests. The example says the interests on February are -1534. However, the statement says " The terms of the agreement require borrowing to be in $1,000 increments at 8% interest. Waterways borrows on the first day of the month and repays on the last day of the month." Can you explain me how the result is 534. Thanks