5.    Use the U.S. Rule to calculate the outstanding balance due for each of the following independent situations.  Monthly payment #                       A.    1B.    5C.    4D.    12E.    8 Outstanding balance due$9,000$5,625.00$926.50$62, 391.28$3,255.19Amount of monthly payment$600$1,000$250$1,200$325What is the 1 1/2 % interest payment for each payment, the Reduction in balance due, and  the Outstanding balance due

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5.    Use the U.S. Rule to calculate the outstanding balance due for each of the following independent situations. 

Monthly payment #                       
A.    1
B.    5
C.    4
D.    12
E.    8

Outstanding balance due
$9,000
$5,625.00
$926.50
$62, 391.28
$3,255.19
Amount of monthly payment
$600
$1,000
$250
$1,200
$325
What is the 1 1/2 % interest payment for each payment, the Reduction in balance due, and  the Outstanding balance due

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