Solve the problem.
-Mark Golden needs $\$ 7842.71$ to pay for remodeling work. His bank loans money at a discount rate of $7 \%$ for 150 days. Find the face value of a loan so he will have $\$ 7842.71$.
A) $\$ 8078.33$
B) $\$ 8391.70$
C) $\$ 7842.71$
D) $\$ 8075.00$

Question

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The Answer of Solve the problem.
-Mark Golden needs $\$ 7842.71$ to pay for remodeling work. His bank loans money at a discount rate of $7 \%$ for 150 days. Find the face value of a loan so he will have $\$ 7842.71$.
A) $\$ 8078.33$
B) $\$ 8391.70$
C) $\$ 7842.71$
D) $\$ 8075.00$

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

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