James Co Borrowed 1 200 On A 90 Day 11 Note After 15 Days James Paid 200 Toward

James Co. borrowed $1,200 on a 90-day, 11% note. After 15 days, James paid $200 toward the note. James made an additional payment of $150, 40 days later. What is the final balance due and total interest for the U.S. Rule? Use ordinary interest.

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