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Find the due dates and maturity value for a $13,600 loan made to Jim Kovalchuk on February 7 for nine months at 11% interest

Find the due dates and maturity value for a $13,600 loan made to Jim Kovalchuk on February 7 for nine months at 11% interest
asked 178k views
15 votes
Find the due dates and maturity value for a $13,600 loan made to Jim Kovalchuk on February 7 for nine months at 11% interest

asked
User EricDXS
by
7.7k points

1 Answer

7 votes

Answer:

26,600

Explanation:

10 percent= 1,360

1 percent= 136

+=1,496

*9 =10,000

answered
User Jpsfs
by
8.3k points
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