Find the Interest and Maturity Value for the Loan

question 113

Multiple Choice

Find the interest and maturity value for the loan. Round to the nearest cent.
-$19,480 at 10% for 2.7 years

• A)$5,064.80; $24,544.80
• B)$2,768.21; $22,248.21
• C)$5,259.60; $24,739.60
• D)$7,207.60; $26,687.60

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