Aniyah borrowed $82,000, on a 120-day 4% note. After 50 days, Aniyah made an initial payment of $40,000. On day 90, Aniyah made an additional payment of $25,000. Assuming the U.S Rule, what is the adjusted balance after the second payment? Use exact days. Adjusted balance
Aniyah borrowed $82,000, on a 120-day 4% note. After 50 days, Aniyah made an initial payment of $40,000. On day 90, Aniyah made an additional payment of $25,000. Assuming the U.S Rule, what is the adjusted balance after the second payment? Use exact days. Adjusted balance
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter7: Exponents And Exponential Functions
Section: Chapter Questions
Problem 68SGR
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Question
Aniyah borrowed $82,000, on a 120-day 4% note. After 50 days, Aniyah made an initial payment of $40,000. On day 90, Aniyah made an additional payment of $25,000. Assuming the U.S Rule, what is the adjusted balance after the second payment? Use exact days.
Adjusted balance
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