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Title: Edgar borrowed $8200 on a 220-day note that required ordinary interest at 10.3%. Edgar paid $3000 on Post by: rolpace88 on May 19, 2015 Edgar borrowed $8200 on a 220-day note that required ordinary interest at 10.3%. Edgar paid $3000 on the note on day 150. How much interest did he save by making the partial payment?
A) $240.72 B) $53.04 C) $516.14 D) $404.95 Title: Re: Edgar borrowed $8200 on a 220-day note that required ordinary interest at 10.3%. Edgar paid $300 Post by: Million on May 23, 2015 Content hidden
Title: Re: Edgar borrowed $8200 on a 220-day note that required ordinary interest at 10.3%. Edgar paid $3000 on Post by: rolpace88 on May 27, 2015 Wonderful, thx.
Title: Re: Edgar borrowed $8200 on a 220-day note that required ordinary interest at 10.3%. Edgar paid $3000 on Post by: Million on May 27, 2015 You're welcome. All I ask in return is a thumbs up!
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