Raul Fletes borrowed $8,500 on a 300-day note that required ordinary interest at 11.76%
Chapter 11, Problem 14(choose chapter or problem)
Raul Fletes borrowed $8,500 on a 300-day note that required ordinary interest at 11.76%. Raul paid $4,250 on the note on the 60th day. How much interest did he save by making the partial payment?
Unfortunately, we don't have that question answered yet. But you can get it answered in just 5 hours by Logging in or Becoming a subscriber.
Becoming a subscriber
Or look for another answer