SOLUTION: Given Principal $10,000, Interest Rate 8%, Time 240 days (use ordinary interest) Partial payments: On 100th day, $4,000; On 180th day, $2,000 Use the U.S. Rule to solve fo

Question 1210258: Given
Principal $10,000, Interest Rate 8%, Time 240 days (use ordinary interest)
Partial payments: On 100th day, $4,000; On 180th day, $2,000
Use the U.S. Rule to solve for total interest cost.
Note: Use 360 days a year. Do not round intermediate calculations. Round your answer to the nearest cent.
Answer by ikleyn(52800) (Show Source): You can put this solution on YOUR website!
.

This post makes no sense.

As a mathematical problem, it is INCOMPLETE, and, therefore, can not be solved.

The question in the post is missed.

The right place for this composition is a garbage bin.

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