Short Answer
Round all answers to the nearest cent. Amy Koy met Pat Quin on Sept. 8 at Queen Bank. After talking with Pat, Amy decided she would like to consider a $9,000 loan at 10 1/2% to be repaid on Feb. 17 of the next year on exact interest. Calculate the amount that Amy would pay at maturity under this assumption.
Correct Answer:
Verified
Correct Answer:
Verified
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