Question: Dev borrowed 549,000 on a 120-day 7% note. He paid $4,000 toward the note on day 95. On day $3,100. Using the U.S. Rule and
Dev borrowed 549,000 on a 120-day 7% note. He paid $4,000 toward the note on day 95. On day $3,100. Using the U.S. Rule and ordinary interest, what was Dev's adjusted balance after the first payment? (Round to the nearest cent.) $47,71542 $45.905.14 $45,073,89 546,143.33 545,000.00 Dev borrowed 549,000 on a 120-day 7% note. He paid $4,000 toward the note on day 95. On day $3,100. Using the U.S. Rule and ordinary interest, what was Dev's adjusted balance after the first payment? (Round to the nearest cent.) $47,71542 $45.905.14 $45,073,89 546,143.33 545,000.00
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