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aryaelfkind aryaelfkind
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5 days ago
Solve the problem. Round dollar amounts to the nearest cent. Use ordinary interest unless otherwise indicated.

Bob's BBQ signed a note with a face value of $16,800.00 on September 11. The note is for 90 days and carries an interest rate of 12%. Find the due date and the maturity value of the note.

▸ December 11, $17,472.00

▸ December 10, $17,304.00

▸ December 12, $16,800.00

▸ December 11, $18,816.00
Textbook 
Business Mathematics

Business Mathematics


Edition: 15th
Authors:
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capsy2capsy2
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5 days ago
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aryaelfkind Author
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5 days ago
Brilliant
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I appreciate what you did here, answered it right Smiling Face with Open Mouth
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2 hours ago
Helped a lot
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