Mathematics, 10.03.2021 14:00 kevin2618
Tim Hanes' bank granted him a single payment loan of $1,000 for 100 days at 12 percent ordinary interest. What is the maturity value of the loan?
a. $1,578.01
b. $1,033.33
c. $1,120.00
d. $1,044.55​
Answers: 2
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Tim Hanes' bank granted him a single payment loan of $1,000 for 100 days at 12 percent ordinary inte...
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