Raul paid 4000 on the note on the 100th day how much


John Doe borrowed ?$8,000 on a 120?-day note that required ordinary interest at 10.99?%. Raul paid ?$4,000 on the note on the 100th day. How much interest did he save by making the partial ?payment?

The interest saved is ?$

Solution Preview :

Prepared by a verified Expert
Mathematics: Raul paid 4000 on the note on the 100th day how much
Reference No:- TGS02669713

Now Priced at $10 (50% Discount)

Recommended (91%)

Rated (4.3/5)