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Find the Date Due and the Maturity Value

Question 11

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: March 25 Maturity value: $1,694,804.32 B) Date Due: March 23 Maturity value: $1,689,774.43 C) Date Due: March 23 Maturity value: $1,692,947.65 D) Date Due: March 25 Maturity value: $1,708,138.61


A) Date due: March 25
Maturity value: $1,694,804.32
B) Date Due: March 23
Maturity value: $1,689,774.43
C) Date Due: March 23
Maturity value: $1,692,947.65
D) Date Due: March 25
Maturity value: $1,708,138.61

Correct Answer:

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