Posted by **Anonymous** on Wednesday, December 19, 2012 at 11:06pm.

Christina Hercher borrowed $50,000 on a 90 day, eight percent note. Christina paid $3,000 toward the note on day 40. On day 60 she paid an additional $4,000. Using the U.S. Rule, Christina's adjusted balance after the first payment is: (Points : 1)

$1,008.89

$48,008.89

$47,444.44

$44,744.44

None of these

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