Posted by **Melanie** on Monday, June 13, 2011 at 1:31pm.

A partial payment is made on the date(s) 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.

P $1900, R 6%, effective date april 10, maturity date october 7, partial payment made may 30 $400, partial august 1 $500

## Answer This Question

## Related Questions

- Maths - Use the United States Rule and/or Bankerâ€™s Rule to determine the balance...
- Maths - Principal - 6000 Rate - 5% Effective Date - May 15 Maturity Date - ...
- math - Find the maturity value of the undiscounted promissory note that states ...
- math - Find the maturity value of the undiscounted promissory note that states ...
- Business Math - Date of Note March 11, length of note 200 days, Date of discount...
- math - A 7%,6O day note was discounted at 15 days before the maturity date. If ...
- math(urgent) - A 7%,6O day note was discounted at 15 days before the maturity ...
- math - Use the ordinary interest method, 360 days, to solve the following word ...
- Business Math - Using the dating method, calculate the discount date and the net...
- Math - Ned's Sheds purchase building materials from Timbertowm Lumber for $3,700...

More Related Questions