Find total interest and ending balance due by the us rule
Lisa Kane borrowed$8,000 on an 8% 60 day note. After fifteen days Lisa paid $2,000 on the note. On day 45 Lisa paid $1,000 on the note. What is the total interest and ending balance due by the US rule? Use ordinary interest.
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On day 45 Lisa paid $1,000 on the note. What is the total interest and ending balance due by the US rule? Use ordinary interest.
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