A $3000 loan on March 1 was repaid by payments of $500 on March 31, $1000 on June 15, and a final ...

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A $3000 loan on March 1 was repaid by payments of $500 on March 31, $1000 on June 15, and a final ...

A $3000 loan on March 1 was repaid by payments of $500 on March 31, $1000 on June 15, and a final payment on August 31. What was the third payment if the interest rate on the loan was 8¼%?

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Business Mathematics in Canada

Edition: 11^th

Authors: Jerome, Worswick

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I appreciate what you did here, answered it right Smiling Face with Open Mouth

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