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You Go to a Bank That Offers a 270-Day Discounted

Question 117

Multiple Choice

You go to a bank that offers a 270-day discounted loan at d = 9%.You wish to walk out the door with $5000.What size loan should you ask for?

A) $5360.87
B) $5356.62
C) $5332.88
D) $4667.12

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