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BigFella9503 BigFella9503
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5 months ago

Desiree borrowed $50,000 on a 90-day 8% note. Desiree paid $3,000 toward the note on day 40. On day 60, she paid an additional $4,000. Using the U.S. Rule, Desiree's adjusted balance after the first payment is:



▸

$1,008.89



▸

$48,008.89



▸

$47,444.44



▸

$44,744.44



▸

None of these

Textbook 
Math for Business and Finance: an Algebraic Approach

Math for Business and Finance: an Algebraic Approach


Edition: 3rd
Author:
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daddyb1daddyb1
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5 months ago
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BigFella9503 Author
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5 months ago
Smart ... Thanks!
Ifekwunigwe
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Yesterday
Good timing, thanks!
derya1234
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2 hours ago
You make an excellent tutor!
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