Jones of boston borrowed $40,000, on a 90-day 10% note. after 60 days, jones made an initial payment of $6,000. on day 80, jones made an additional payment of $7,000. assuming the u.s. rule, what is the adjusted balance after the second payment? use 360 days.

Ask your question to the AI advisor

Ai-bot is an expert in any field and is the perfect companion for reliable and useful answers and advice on a variety of topics, including science, history, technology, art, sports, health, culture and more.