Question: 2. A partial payment is made on the date indicated. Find the balance due on the note on the date of maturity: Principal: 108,000 Maturity

2. A partial payment is made on the date indicated. Find the balance due on the note on the date of maturity: Principal: 108,000 Maturity date: November 1 Rate: 14% Partial payment. $27000 on August 15 Effective date: February 15th

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