Find the Maturity Value on a $28,498 Face-Value Note for 182

question 75

Multiple Choice

Find the maturity value on a $28,498 face-value note for 182 days if the discount rate is 10%.

• A) $29,938.73
• B) $29,926.80
• C) $29,911.19
• D) $29,959.02

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