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Find the Date Due and the Maturity Value

Question 29

Multiple Choice

Find the date due and the maturity value. Use banker's interest.
-Find the date due and the maturity value. Use banker's interest. -  A) Date Due: April 21 Maturity value: $16,972.20 B) Date Due: April 20 Maturity value: $16,729.74 C) Date Due: April 21 Maturity value: $16,535.77 D) Date due: April 20 Maturity value: $16,616.59


A) Date Due: April 21
Maturity value: $16,972.20
B) Date Due: April 20
Maturity value: $16,729.74
C) Date Due: April 21
Maturity value: $16,535.77
D) Date due: April 20
Maturity value: $16,616.59

Correct Answer:

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