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. X Effective Partial Payment Maturity Principal Rate Date Amount Date Date More Info $3000 5% May 1 $2000 June 1 July 1 Click the icon to view a table of the number of the day of the year for each date. Days in Each Month 31 28 31 30 31 3 31 31 30 31 30 31 Day of Month Jan Feb. Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec. 121 152 182 213 244 274 305 335 The balance due on the note at the date of maturity is $ Day 1 32 60 91 Day 2 2 92 122 153 183 214 245 275 306 336 33 61 (Round to the nearest cent as needed.) 13 34 62 93 123 154 184 215 246 276 307 337 Day 3 Day 4 35 63 94 124 155 185 216 247 277 308 338 Day S S 36 64 95 125 1 156 186 217 248 278 309 339 Day 6 6 37 65 96 126 157 187 218 249 279 310 340 Day 7 7 38 66 97 127 158 188 219 250 280 311 341 Day 8 8 39 67 98 128 1 189 9 220 251 281 312 342 Day 9 Q 40 68 99 129 160 190 221 252 282 313 343 Day 10 10 41 69 100 130 161 191 222 253 283 314 344 Day 11 11 42 70 101 131 162 192 223 254 284 315 345 Day 12 12 43 71 102 132 163 193 224 255 285 316 346 Day 13 13 44 72 103 1 133 164 194 225 256 286 317 347 Day 14 14 45 73 134 165 195 226 257 287 318 348 Day 15 15 46 74 135 166 196 227 258 288 3 319 349 Day 16 16 47 75 106 136 167 197 228 259 289 320 Day 17 17 48 76 107 137 168 198 229 260 290 351 Day 18 18 49 77 108 138 169 199 230 261 291 1 322 352 Day 19 19 50 78 109 139 170 200 231 262 292 Day 20 20 51 79 110 140 171 201 232 263 293 324 354 Day 21 21 52 80 111 141 172 202 233 264 325 355 Day 22 22 53 81 112 142 173 203 234 265 5 326 356 Day 23 23 54 82 113 143 174 204 235 266 296 327 357 Day 24 24 83 114 144 175 205 236 267 297 328 358 25 56 84 145 176 206 237 268 298 329 350 Day 26 26 57 85 116 146 177 207 238 269 299 330 360 Day 27 86 117 147 178 208 239 270 300 331 361 Day 25 87 8 179 209 240 271 301 332 362 Day 29 29 $8 119 149 180 210 241 272 302 333 363A 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. X Effective Partial Payment Maturity Principal Rate More Info Date Amount Date Date $3400 5.5% Feb. 1 $1000 May 1 Aug. 31 Click the icon to view a table of the number of the day of the year for each date Days in Each Month Day of 31 28 31 30 31 30 31 31 30 31 30 31 Month Jan Feb. Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec. Day I 32 60 91 121 152 182 213 244 274 305 335 The balance due on the note at the date of maturity is $ 33 61 92 122 153 183 214 245 275 306 336 Day (Round to the nearest cent as needed.) Day 62 93 3154 184 215 246 276 307 337 Day 4 35 63 94 124 155 185 216 247 277 308 338 Day 36 64 95 125 156 186 217 248 278 309 339 Day 6 6 37 65 96 126 157 187 218 249 279 310 340 Day 7 38 66 97 127 158 188 219 280 311 341 Day & 30 67 98 128 159 189 220 281 312 342 Day 9 40 68 99 129 160 190 221 2 282 313 343 Day 10 10 41 69 130 161 191 222 253 283 3 314 344 Day 1 1 42 70 101 131 162 192 223 254 284 315 345 Day 12 12 43 71 102 132 163 193 224 255 285 316 346 Day 13 13 44 72 103 133 194 225 256 286 317 347 Day 14 14 45 73 104 134 165 195 226 257 287 318 348 Day 15 15 46 74 105 135 5 166 196 227 258 288 319 349 16 16 47 75 106 136 167 197 228 259 320 350 Day 17 17 48 76 107 137 168 198 229 260 290 3 321 351 Day 18 49 77 108 169 199 230 261 291 322 352 Day 19 19 SO 78 109 139 170 200 231 292 323 353 Day 20 20 51 79 110 140 171 201 232 263 293 324 354 Day 21 21 52 80 111 141 172 202 233 264 294 325 355 22 22 53 81 112 142 173 203 234 265 295 326 356 Day 23 23 54 82 113 143 174 204 235 266 296 327 357 Day 24 83 114 144 175 205 236 267 297 328 358 25 56 84 115 145 176 206 237 268 298 329 359 26 85 116 146 177 207 238 269 299 330 360 Day 27 58 86 117 147 178 208 239 270 300 331 361 Day 28 87 118 148 179 209 240 271 301 332 362 Day 29 88 119 149 180 210 241 272 302 333 363A 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.) X Assume the year is not a leap year. Maturity Effective Partial Payment More Info Date Principal Rate Date Amount Date Feb. 1 July 15 $3000 Dec. 12 $5000 6% Click the icon to view a table of the number of the day of the year for each date. Days in Each Month 30 31 31 31 30 31 Day of 31 28 31 30 31 Jan Feb. Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec. 121 152 182 213 244 274 335 Day 1 32 60 91 275 306 336 33 61 92 122 153 183 245 The balance due on the note at the date of maturity is $ Day 93 123 184 215 246 276 307 337 62 154 Day 34 135 185 216 247 277 308 338 (Round to the nearest cent as needed.) 63 124 Day 4 4 35 248 278 309 339 Day $ 36 64 125 156 186 37 157 187 279 310 340 65 126 249 Day 6 158 188 219 250 280 311 341 Day 7 T 38 66 97 127 39 67 98 128 159 189 220 251 281 312 342 Day 8 160 190 221 252 282 313 343 Day 9 40 68 253 283 314 344 Day 10 10 41 69 100 161 222 101 192 223 254 284 315 345 Day 11 42 70 285 316 346 Day 12 12 43 71 102 224 255 347 13 13 44 72 103 133 225 256 286 317 73 104 134 195 226 257 287 318 348 14 45 349 Day IS 46 74 105 166 196 227 258 288 319 Day 16 16 47 75 106 197 228 259 289 320 350 Day 48 76 107 198 229 260 290 321 351 Day 18 49 77 108 138 199 230 261 291 322 352 292 323 353 Day 19 SO 78 109 139 200 231 262 Day 20 51 79 110 140 263 293 324 354 32 80 11 1 202 233 264 294 325 355 Day 21 112 142 203 234 295 326 356 y 22 81 54 82 113 143 174 204 235 296 327 13 57 y 24 Ss 83 114 144 175 205 236 267 297 328 358 359 Day 25 8 4 115 145 176 206 237 268 298 329 85 116 146 177 207 238 269 299 360 Day 26 86 117 147 178 208 239 270 200 361 Day 27 148 179 209 240 301 362 Day 28 87 118 Day 29 8 8 119 149 180 210 241 272 302 333 363Partial payments are made on the dates 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.) X Assume the year is not a leap year. Effective Partial Payment Maturity More Info Principal Rate Date Amount Date Date Dec. 1 $2400 12% Sept. 1 $600 Oct. 1 $600 Nov. 1 Days in Each Month Click the icon to view a table of the number of the day of the year for each date. 30 31 31 30 31 30 31 Day of 31 28 31 30 3 Jan. Feb. Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec. Month 182 213 244 274 305 335 Day 1 1 32 60 91 121 152 122 153 183 214 245 275 306 336 Day 2 2 33 61 92 The balance due on the note at the date of maturity is $ 34 62 93 123 154 184 215 246 276 307 337 Day 3 185 216 247 277 308 338 (Round to the nearest cent as needed.) Day 4 4 35 63 94 124 6 186 217 248 278 309 339 36 64 95 125 187 218 249 279 310 340 Day 6 6 37 65 96 126 341 Day 38 66 97 127 158 188 219 250 280 311 Day 8 39 67 98 128 159 1 220 251 281 312 40 68 129 160 1 221 252 282 2 313 343 Day 9 Day 10 10 41 69 100 130 161 1 222 253 283 314 344 11 42 70 101 131 162 192 223 254 284 315 345 Day 11 285 316 346 Day 12 12 43 71 102 132 163 193 224 255 13 44 72 103 133 225 256 286 317 347 Day 14 14 45 73 104 134 165 195 226 257 287 318 348 Day 15 15 46 74 105 135 166 196 227 258 288 319 349 Day 16 47 75 106 136 167 197 228 259 289 320 350 Day 17 48 76 107 137 168 198 229 260 290 321 351 Day 18 49 77 108 138 169 109 230 261 291 322 352 Day 19 SO 78 109 139 170 200 231 262 292 323 353 Day 20 110 140 171 201 232 263 293 324 354 Day 21 80 111 141 172 202 233 264 294 325 355 Day 22 81 112 142 173 203 234 265 295 326 356 82 113 174 204 235 266 296 327 357 83 114 14 4 175 205 236 267 297 328 358 25 84 1 15 145 176 6 206 237 268 298 329 359 26 85 116 146 207 238 369 299 330 360 86 117 147 178 239 270 300 331 361 Day 29 118 148 179 209 240 271 301 332 362 Day 29 88 119 149 180 210 241 272 302 333 363Jo borrowed $1,900 for 8 months from a bank. The bank discounted the loan at 6 5% a. How much interest did Jo pay the bank for the use of its money? b. How much did he receive from the bank? c. What was the actual rate of interest he paid? a. The interest is $ (Round to the nearest cent as needed.)