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Diego's bank granted him a single-payment loan of $2, 300 for 75 days at 6.5% exact interest. What is the maturity value of the loan?

Diego's bank granted him a single-payment loan of $2, 300 for 75 days at 6.5% exact interest. What is the maturity value of the loan?
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16 votes
Diego's bank granted him

a single-payment loan of
$2, 300 for 75 days at
6.5% exact interest. What
is the maturity value of
the loan?

User Cldo
by
8.3k points

1 Answer

10 votes

Answer:

$72500

Explanation:

$72500

User Tobias Ekblom
by
8.0k points
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