After 90 days shawn paid 3100 on the note on day 129 shawn


Shawn Bixby borrowed $28,000 on a 210-day, 12% note. After 90 days, Shawn paid $3,100 on the note. On day 129, Shawn paid an additional $5,100. 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 $

b. Determine the ending balance due use the U.S. Rule. (Do not round intermediate calculations. Round your answer to the nearest cent.) Ending balance due $

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Financial Management: After 90 days shawn paid 3100 on the note on day 129 shawn
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