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mariasmakatof mariasmakatof
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1 months ago
Solve the problem. Round dollar amounts to the nearest cent. Use ordinary interest unless otherwise indicated.

HarbourTown Marina purchased four boat lifts for raising and lowering large boats into the water. The boat lifts cost $62,600 each. They borrowed the money from the bank for 240 days at 12%. Find the maturity value.

▸ $280,448.00

▸ $270,432.00

▸ $67,608.00

▸ $70,112.00
Textbook 
Business Mathematics

Business Mathematics


Edition: 15th
Authors:
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Akabbett1Akabbett1
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mariasmakatof Author
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1 months ago
Helped a lot
macbookpro1
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Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
annakc
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2 hours ago
Smart ... Thanks!
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