I just need an explanation with the answer on numbers 17-18. Thanks

A partial payment is made on the datefs) 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. 17) 17) Effective Maturity Partial Payment Principal Rate Date DateAmount Date $1000 8.5% April 7 August 5$600 June 18 Solve the problem. 18) On March 8, you sign a $5000 note with simple interest of 8.5% for 240 days. You make 18)- - partial payments of $1100 on May 26 and $2200 on July 31. How much will you owe on the date of maturity? A partial payment is made on the datefs) 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. 17) 17) Effective Maturity Partial Payment Principal Rate Date DateAmount Date $1000 8.5% April 7 August 5$600 June 18 Solve the problem. 18) On March 8, you sign a $5000 note with simple interest of 8.5% for 240 days. You make 18)- - partial payments of $1100 on May 26 and $2200 on July 31. How much will you owe on the date of maturity