Math

posted by .

Malinda Levi borrows 90 day note. On the 30th day, Malinda pays on the note. If ordinary interest is applied, what is Malinda’s adjusted principal after the partial payment? What is the adjusted balance due at maturity?

Similar Questions

1. math

2. Maryam pays \$3000 on the 30th day of a \$7,000, 120-day, and 8% loan. a. What is the adjusted principal after the partial payment is made if ordinary interest is applied?

Christina Hercher borrowed \$50,000 on a 90 day, 8 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?
3. Math

Lisa borrowed 8,000 on an 8% , 60 day note after 15 days she paid 2,000 on the note on day 45 she paid 1,000 on the note what is the total interest and ending balance due by the us rule of ordinary interest.
4. Finance

lisa borrowed \$8000.00 on an 8%, 60 day note after 15 days she paid \$2000.00 on the note , on day 45 , she paid \$1000.00 on the note. What is the total interest and ending balance due by us rule by ordinary interest
5. Math

Find (a) the exact interest and (b) the ordinary interest. Round answers to the nearest cent Malinda Levi borrows \$12,000 on a 9.5% , 90 day note. On the 30th day, Malinda pays \$4,000 on the note. If ordinary interest is applied, what …
6. Math

Malinda Levi borrows \$12,000 on a 9.5% , 90 day note. On the 30th day, Malinda pays \$4,000 on the note. If ordinary interest is applied, what is Malinda’s adjusted principal after the partial payment?
7. Math

Find the adjusted balance due at maturity for a 90 day note of \$15000 at 13.7% ordinary interest if a partial payment of \$4000 is made on the 60th day of the loan.
8. math

find the adjusted balance due at maturaty for 90 day note of \$12,000 at 13.1% ordinary interest if a partial payment of \$60,000is made o\n the 60th day of the loan
9. mth 125

Janet Jones borrowed \$3,000 on 90-day 12 percent note. Janet paid \$250 toward the note on day 35. On day 80 she paid an additional \$400. Using the U.S. Rule, her adjusted balance after her first payment is