n March 1, the Zwick Baloon Company signed a S000 note with simple interest of 11 for 260 days. The company made payments of $1750 on May 1 and $23s0 on July 1. How much will the company owe on the date of maturity Assume 360 days in a year Cick he kon to view a table of the number of the day of the year for each date. he company will oweson the date of maturity Round to the nearest cent as needed)
n March 1, the Zwick Baloon Company signed a S000 note with simple interest of 11 for 260 days. The company made payments of $1750 on May 1 and $23s0 on July 1. How much will the company owe on the date of maturity Assume 360 days in a year Cick he kon to view a table of the number of the day of the year for each date. he company will oweson the date of maturity Round to the nearest cent as needed)
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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Transcribed Image Text:On March 1, the Zwick Balloon Company signed a $8000 note with simple interest of 11-% for 260 days. The company made payments of $1750 on May 1 and $2350 on July 1. How much will the company owe on the date of maturity? Assume 360 days in a year.
Click the icon to view a table of the number of the day of the year for each date.
The company will owe $ on the date of maturity.
(Round to the nearest cent as needed.)

Transcribed Image Text:Days in Each Month
31
28
31
30
31
30
31
31
30
31
30
31
Day of
Month
Jan. Feb. Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec.
Day 1
1
32
60
91
121 152 182 213 244 274 305 335
Day 2
2
33
61
92
122
153
183
214 245
275
306 336
Day 3
Day 4
3
34
62
93
123
154
184 215 246 276
307 337
4
35
63
94
124
155 185 216 247 277
308 338
Day 5
5
36
64
95
125
156 186 217 248 278
309 339
Day 6
6.
37
65
96
126
157
187 218 249
279
310 340
Day 7
7
38
66
97
127 158 188 219 250 280
311
341
Day 8
8
39
67
98
128
159 189
220 251 281
312 342
Day 9
9.
40
68
99
129
160
190 221
252 282 313
343
Day 10
10
41
69
100
130 161 191 222 253 283 314 344
Day 11
11
42
70
101
131
162 192
223 254
284 315 345
Day 12
12
43
71
102
132
163
193 224 255
285
316 346
Day 13
13
44
72
103
133
164
194 225 256 286
317 347
Day 14
14
45
73
104
134
165 195 226 257
287
318 348
Day 15
15
46
74
105
135
166 196 227 258
288 319
349
Day 16
16
47
75
106
136
167 197
228
259 289 320 350
Day 17
17
48
76
107
137 168 198 229 260 290
321
351
Day 18
18
49
77
108
138
169
199
230 261
291
322 352
Day 19
19
50
78
109
139
170 200 231 262 292
323 353
Day 20
20
51
79
110
140
171
201 232 263 293 324 354
Day 21
Day 22
21
52
80
111
141
172 202
233
264 294 325 355
22
53
81
112
142
173
203 234 265 295 326 356
Day 23
23
54
82
113
143
174 204 235 266 296 327 357
Day 24
24
55
83
114
144
175
205 236 267 297 328 358
Day 25
Day 26
Day 27
25
56
84
115
145
176 206 237 268 298 329 359
26
57
85
116
146
177 207 238 269 299 330 360
27
58
86
117
147
178 208
239 270 300 331
361
Day 28
Day 29
28
59
87
118
148
179 209 240 271
301 332 362
29
88
119
149
180 210 241 272 302
333 363
Day 30
30
89
120
150 181 211
242 273 303
334 364
Day 31
31
90
151
212 243
304
365
Month
Jan. Feb. Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec.
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