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Find the Date Due and the Maturity Value

Question 85

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 23 Maturity value: $16,553.97 B) Date Due: January 23 Maturity value: $16,857.88 C) Date Due: January 22 Maturity value: $18,006.54 D) Date Due: January 22 Maturity value: $16,727.07


A) Date due: January 23
Maturity value: $16,553.97
B) Date Due: January 23
Maturity value: $16,857.88
C) Date Due: January 22
Maturity value: $18,006.54
D) Date Due: January 22
Maturity value: $16,727.07

Correct Answer:

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