Maximum seller bar $12000 on 8% 120 day note.After 45 days, max paid $4200 on the note.30 days later, max pay.In addition of thirty six hundred dollars use ordinary interest. Determine the total interest using the u.s.rule?
Determine the ending balance due?

Question

01-06-2024
Mathematics

Answered

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Maximum seller bar $12000 on 8% 120 day note.After 45 days, max paid $4200 on the note.30 days later, max pay.In addition of thirty six hundred dollars use ordinary interest. Determine the total interest using the u.s.rule?
Determine the ending balance due?

Sagot :

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Maximum seller bar $12000 on 8% 120 day note.After 45 days, max paid $4200 on the note.30 days later, max pay.In addition of thirty six hundred dollars use ordinary interest. Determine the total interest using the u.s.rule? Determine the ending balance due?

Sagot :

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Maximum seller bar $12000 on 8% 120 day note.After 45 days, max paid $4200 on the note.30 days later, max pay.In addition of thirty six hundred dollars use ordinary interest. Determine the total interest using the u.s.rule?
Determine the ending balance due?