Acustomer sent in a $230 check to pay off an overdue bill but failed to pay the interest that accrued over the 45 days after the posted due date. the original balance owed was $230, and the account accrues interest at $0.42 per day. what amount of money should the customer have originally sent in to cover the total balance owed?

Capital financial corporation will lend 90 percent against account balances that have averaged 30 days or less; 80 percent for account balances between 31 and 40 days; and 70 percent for account balances between 41 and 45 days. customers that take over 45 days to pay their bills are not considered acceptable accounts for a loan. the current prime rate is 16.50 percent, and capital charges 3.50 percent over prime to charming as its annual loan rate. a. determine the maximum loan for which charming paper company could qualify.