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Solve the Problem $7842.71\$ 7842.71 To Pay for Remodeling Work 7%7 \%

Question 180

Multiple Choice

Solve the problem.
-Mark Golden needs $7842.71\$ 7842.71 to pay for remodeling work. His bank loans money at a discount rate of 7%7 \% for 150 days. Find the face value of a loan so he will have $7842.71\$ 7842.71 .


A) $8078.33\$ 8078.33
B) $8391.70\$ 8391.70
C) $7842.71\$ 7842.71
D) $8075.00\$ 8075.00

Correct Answer:

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