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

Two less than 3/2 of a number X is no more than 5 1/2
You are running a fuel economy study. One of the cars you find is blue. It can travel 33 1 2 miles on 1 1 4 gallons of gasoline. Another car is red. It can trav
Given the exponential equation y = yoxQq describe each of the following below: y is yo is x is Q is q is
There were 100 pizzas sold at Romeo's Pizzeria on Tuesday. A large pizza costs $16 and a small pizza costs $11. If $1,550 worth of pizzas were sold in all, how
Which of the following statements are true regarding buprenorphine therapy and HCV? Choose one or more correct responses. Buprenorphine does not cause elevated
1. What tools does the president have to set the political agenda? What determines what’s on the president’s own agenda?
Any TWO mineral elements that are required for the formation ofproteins​
What is the andwer???
write any 5 safety measures that should be followed while working at industry .​
what s constitution​