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Find the Date Due and the Maturity Value

Question 50

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: January 27 Maturity value: $5,285.54 B) Date Due: January 27 Maturity value: $5,249.96 C) Date Due: January 28 Maturity value: $5,299.82 D) Date Due: January 28 Maturity value: $5,269.94


A) Date due: January 27
Maturity value: $5,285.54
B) Date Due: January 27
Maturity value: $5,249.96
C) Date Due: January 28
Maturity value: $5,299.82
D) Date Due: January 28
Maturity value: $5,269.94

Correct Answer:

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