On January 10th, Park & Jason, Inc. took out a 3-month , 8% memo for $3,000. On February 24th, they compensated $1,00

On January 10th, Park & Jason, Inc. took out a 3-month , 8% details for $3,000. On February 24th, they compensated $1,000 towards the debt. How much did they owe on April 10th when the file can due?

Answers:
$2053.73 assuming interest accrue monthly.
$20.00 int in mo 1
$20.13 int in mo 2
$13.60 int in mo 3
Ramon, do your own homework.

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