Mathematics, 06.04.2020 05:56 alex7881

On May 1, you sign a $1000 note with simple interest of 8.5% and a maturity date of December 19. You make partial
payments of $475 on June 2 and $200 on November 4. How much will you owe on the date of maturity?
A) $355.79
B) $354.39
C) $359.53
D) $358.96

Answers: 2

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