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Jack obtains a loan of $4815.16 at 2.3% ordinary interest for 42 days. what is the maturity value of the loan

Jack obtains a loan of $4815.16 at 2.3% ordinary interest for 42 days. what is the maturity value of the loan
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jack obtains a loan of $4815.16 at 2.3% ordinary interest for 42 days. what is the maturity value of the loan

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User Alki
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1 Answer

3 votes
The maturity value is 4827 and if needed interest value is 12.
answered
User Herman Schoenfeld
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