Question: 21) Sandra Glory borrowed $5,000 on a 120-day 5% note. Sandra paid $500 toward the note on day 40. On day 90 she paid an

21) Sandra Glory borrowed $5,000 on a 120-day 5% note. Sandra

21) Sandra Glory borrowed $5,000 on a 120-day 5% note. Sandra paid $500 toward the note on day 40. On day 90 she paid an additional $1,500. Using the U.S. Rule and ordinary interest, find Sandra's loan balance after the second payment. Payment to Interest to Principal Day 0 Balance

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