Question: Donald Ward owes $ 8 2 , 8 0 0 on an 8 % , 1 6 0 - day note. On day 1 5

Donald Ward owes $82,800 on an 8%,160-day note. On day 15, he pays $20,700 on the note. On day 50, he pays an additional $28,980.
Based on the U.S. Rule, calculate the following. (Use a 360-day year, and round all answers to the nearest cent.)
Adjusted balance after the first payment:
Adjusted balance after the second payment:
Balance at maturity:
Donald Ward owes $82,800 on an 8%,160-day note. On day 15,

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