Business
Business, 04.07.2020 14:01, kaylee2828

Terry's bank granted him a single payment loan of $4,400 at an interest rate of 6% exact interest. The term of the loan is 172 days. 1. What is the exact interest? 2. What is the maturity value of the loan?

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Terry's bank granted him a single payment loan of $4,400 at an interest rate of 6% exact interest. T...

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