A partial payment is made on the date indicated. Use the United States rule to determine the balance due on the note at the date of maturity. (The Effective Date is the date the note was written.) Assume the year is not a leap year.
Principal
Rate
Effective
Date
Partial Payment
Maturity
Date
Amount
Date
$90003%July 15$3000
Dec. 18
Feb. 1
LOADING... Click the icon to view a table of the number of the day of the year for each date.
Question content area bottom
Part 1
The balance due on the note at the date of maturity is $ enter your response here.Mathbot Says...
I wasn't able to parse your question, but the HE.NET team is hard at work making me smarter.