what is the new balance

STUCK with your assignment? When is it due? Hire our professional essay experts who are available online 24/7 for an essay paper written to a high standard at a reasonable price.


Order a Similar Paper Order a Different Paper

Martinez Sporting Goods has a $42,500 line of credit which charges an annual percentage rate of prime rate plus 6%. Their starting balance on May 1 was $4,150. On May 5 they borrowed $3,000. On May 8 the business made a payment of $2,500, and on May 15 they borrowed $5,700. If the current prime rate is 6%, what is the new balance?

Writerbay.net

Everyone needs a little help with academic work from time to time. Hire the best essay writing professionals working for us today!

Get a 15% discount for your first order


Order a Similar Paper Order a Different Paper