Question: Kim Evans owes 2 8 , 8 0 0 on an 8 % , 1 7 0 - day note. On day 1 5 ,
Kim Evans owes on an day note. On day she pays $ on the note. On day she pays an $ additional Based on the US Rule, calculate the following. Use aday year, and round all answers to the nearest cent. Adjusted balance after the first payment: Adjusted balance after the second payment: Balance at maturity:
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