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  3. jonas borrowed $8,000 on a 60-day 10% note. jonas

Jonas borrowed $8,000 on a 60-day 10% note. Jonas paid $4,000 toward the note on...

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Accounting

Jonas borrowed $8,000 on a 60-day 10% note. Jonas paid $4,000 toward the note on day 40. On day 50, he paid an additional $3,000. Using the U.S. Rule, Jonas's adjusted balance after the
first payment is:
image

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