Multiple Choice
Matty Kaminsky owns a new Volvo. His June monthly interest is $400. The rate is 8 ½%. Matty's principal balance at the beginning of June is (use 360 days) :
A) $65,740.85
B) $64,470.85
C) $65,704.85
D) $56,470.85
E) None of these
Correct Answer:
Verified
Correct Answer:
Verified
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