Find the balance due on the maturity date of the note. Find the total amount of interest paid on the note. Use the United States Rule.Principal: $60,000Interest: 10%Time (days): 180Partial payment:$20,000 on day 60 $20,000 on day 120
A. $23,866.67; $3866.67
B. $21,652.18; $1652.18
C. $24,022.42; $4022.42
D. $22,044.72; $2044.72
Answer: D
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