Question: A partial payment is made on the date indicated Use the United States rule to determine the balance due on the note at the date

A partial payment is made on the date indicated Use the

A partial payment is made on the date indicated Use the United States rule to determine the balance due on the note at the date of maturity (The Effective Date is the date the note was written) Assume the year is not a leap year Effective Partial Payment Maturity Principal Rate Date Amount Date Date $3900 45% Jan 1 $1000 May 1 July 31 Click the icon to view a table of the number of the day of the year for each date The balance due on the note at the date of maturity is $ (Round to the nearest cent as needed) Taf 001

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