Question: Given = 12%, 90 day, $12,000 note, using the U.S. Rule; (360 days) Partial Payments: -Day 40 $3,000 -Day 60 $4,000 -Day 85 $2,000 A.

Given = 12%, 90 day, $12,000 note, using the U.S. Rule; (360 days)

Partial Payments: -Day 40 $3,000 -Day 60 $4,000 -Day 85 $2,000

A. Find the last adjusted balance B. Find the final payment C. Find the total interest paid

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