Multiple Choice
Solve the problem.
-Central Building Company borrowed $18,722 on a 94-day simple interest note to expand their business. The note carried an interest rate of 7.9%. Find the maturity value of the note.
A) $19,113.63
B) $19,108.19
C) $18,760.09
D) $18,335.81
Correct Answer:
Verified
Correct Answer:
Verified
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