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Find the Date Due and the Maturity Value

Question 5

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: Aug 14 Maturity value: $1,656.60 B) Date Due: Aug 18 Maturity value: $1,651.42 C) Date Due: Aug 18 Maturity value: $1,677.14 D) Date Due: Aug 14 Maturity value: $1,664.28


A) Date due: Aug 14
Maturity value: $1,656.60
B) Date Due: Aug 18
Maturity value: $1,651.42
C) Date Due: Aug 18
Maturity value: $1,677.14
D) Date Due: Aug 14
Maturity value: $1,664.28

Correct Answer:

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