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Raffaello Sanzio’s bank granted him a single-payment loan of $9,650. He agreed to repay the loan in 146 days at an ordinary interest rate of 7.75%. What is the maturity value of the loan?
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Jun 13, 2020
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Raffaello Sanzio’s bank granted him a single-payment loan of $9,650. He agreed to repay the loan in 146 days at an ordinary interest rate of 7.75%. What is the maturity value of the loan?
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Nathan Kitchen
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Answer:c
Explanation:
$9953.30
Bubakazouba
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Jun 17, 2020
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