joesephhardaway3039 joesephhardaway3039
  • 02-07-2021
  • Business
contestada

Duerr company makes a $67,000, 90-day, 10% cash loan to Ryan Co. The maturity value of the loan is: (Use 360 days a year.)

Respuesta :

andromache andromache
  • 03-07-2021

Answer:

the maturity value of the loan is $68,675

Explanation:

The maturity value of the loan is shown below:

= Loan amount + interest charged

= $67,000 + ($67,000 × 10% × 90 days ÷ 360 days)

= $67,000 + $1,675

= $68,675

hence, the maturity value of the loan is $68,675

Answer Link

Otras preguntas

Explain how to plot an ordered pair on a grid
Who was alexander hamilton
After luke’s muscles have adapted to his exercise routine, what does he need to do with his cardiovascular training workout?
what is a example of a slope
need answers ASAPWhich polygon appears to be regular? Figure A Figure B Figure C Figure D
4/7 (21/8x + 1/2) = -2 (1/7 - 5/28) write your solution in decimal form.
The order of nitrogenous bases in dna determines the order of
List at least three of your financial goals. explain whether they are short-term, intermediate, or long-term. (1-3 sentences. 3.0 points)
A​ number, one-fifth of that​ number, and one-sixth of that number are added. the result is 82. what is the original​ number?
When blood glucose levels are high and the glucose is not utilized for cellular respiration, the human body will store this glucose in the liver and muscles. In