1030. Shawn Bixby borrowed $17,000 on a 120-day, 12% note. After 65 days, Shawn paid...
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1030. Shawn Bixby borrowed $17,000 on a 120-day, 12% note. After 65 days, Shawn paid $2,000 on the note. On day 89, Shawn paid an additional $4,000. What is the final balance due? Determine total interest and ending balance due by the U.S. Rule. Use ordinary interest. LU 10-3(1)
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