Find the date due and the maturity value. Use banker's interest.
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A) Date Due: March 19
Maturity value: $9.35
B) Date Due: March 20
Maturity value: $9.81
C) Date Due: March 20
Maturity value: $9.21
D) Date due: March 19
Maturity value: $9.46
Correct Answer:
Verified
Q5: Answer the question.
-Explain how to find the
Q6: Answer the question.
-In your own words, define
Q7: Answer the question.
-What is a simple discount
Q8: Find the discount period.
-Loan made: Aug 17
Length
Q9: Find the maturity value of the simple
Q11: Find the date due and the maturity
Q12: Find the principal. Round to the nearest
Q13: Solve the problem.
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Q14: Find the discount period.
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Length
Q15: The simple interest note was discounted at
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