Solve the problem. Round rates to the nearest tenth of a percent, dollar amounts to the nearest cent, and time to the nearest day.
-Mark Golden needs $9,360.04 to pay for remodeling work. His bank loans money at a discount rate of 10% for 150 days. Find the face value of a loan so he will have $9,360.04.
A)$9,761.18
B)$10,296.04
C)$9,360.04
D)$9,767.00

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The Answer of Solve the problem. Round rates to the nearest tenth of a percent, dollar amounts to the nearest cent, and time to the nearest day.
-Mark Golden needs $9,360.04 to pay for remodeling work. His bank loans money at a discount rate of 10% for 150 days. Find the face value of a loan so he will have $9,360.04.
A)$9,761.18
B)$10,296.04
C)$9,360.04
D)$9,767.00

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