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Social Science Clinic => Business => Topic started by: imanialler on Feb 26, 2020

Title: Edgar borrowed $8200 on a 220-day note that required ordinary interest at 10.4%. Edgar paid $3000 on ...
Post by: imanialler on Feb 26, 2020

Edgar borrowed $8200 on a 220-day note that required ordinary interest at 10.4%. Edgar paid $3000 on the note on day 150. How much interest did he save by making the partial payment?
◦ $242.99
◦ $521.16
◦ $53.48
◦ $408.81

Title: Edgar borrowed $8200 on a 220-day note that required ordinary interest at 10.4%. Edgar paid $3000 on ...
Post by: krakiolit on Feb 26, 2020

$53.48

Title: Re: Edgar borrowed $8200 on a 220-day note that required ordinary interest at 10.4%. Edgar paid $300
Post by: Daniel Vaziri on Jul 17, 2020

thanks

Title: Re: Edgar borrowed $8200 on a 220-day note that required ordinary interest at 10.4%. Edgar paid $300
Post by: jackie michel on Oct 10, 2020

thank you

Title: Re: Edgar borrowed $8200 on a 220-day note that required ordinary interest at 10.4%. Edgar paid $300
Post by: Doctor Strange on Feb 4, 2021

Tank you

Title: Re: Edgar borrowed $8200 on a 220-day note that required ordinary interest at 10.4%. Edgar paid $300
Post by: Ivy Langston on Apr 29, 2021

Thank You

Title: Re: Edgar borrowed $8200 on a 220-day note that required ordinary interest at 10.4%. Edgar paid $300
Post by: ballred3 on Jul 12, 2021

Thank You

Title: Re: Edgar borrowed $8200 on a 220-day note that required ordinary interest at 10.4%. Edgar paid $300
Post by: Gina weber on Oct 12, 2021

thank you

Title: Re: Edgar borrowed $8200 on a 220-day note that required ordinary interest at 10.4%. Edgar paid $300
Post by: Kyra Edwards on Dec 6, 2021

Thank you

Title: Re: Edgar borrowed $8200 on a 220-day note that required ordinary interest at 10.4%. Edgar paid $300
Post by: Pedro Espinal on Dec 8, 2021

thankyou