Mathematics, 26.01.2021 16:50 MoparorNocar061401

18. Todd K's bank granted him a single-payment loan of $6,800. He agreed to repay the loan in 91 days at an exact interest rate of 4.25%. What is the maturity value of the loan?
a. $6.098.11
c. $6,872.05
b. $6.871.11
d. $6,873.05

Answers: 2

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18. Todd K's bank granted him a single-payment loan of $6,800. He agreed to repay the loan in 91 day...