How do we work out how much was saved by making the partial payment? I know the answer is $26.91, but I don't know how to get there. Please help me. Polly Flynn borrowed $6,000 for 90 days at 7%. On day 20, Polly made a $2000 partial payment. (Assume ordinary interest)What is Polly’s ending balance due?How much did Polly save by making the partial payment?

How do we work out how much was saved by making the partial payment? I know the answer is $26.91, but I don't know how to get there. Please help me. Polly Flynn borrowed $6,000 for 90 days at 7%. On...

How do we work out how much was saved by making the partial payment? I know the answer is $26.91, but I don't know how to get there. Please help me.

Polly Flynn borrowed $6,000 for 90 days at 7%. On day 20, Polly made a $2000 partial payment. (Assume ordinary interest)

What is Polly’s ending balance due?

How much did Polly save by making the partial payment?

Jun 10, 2022