![justhereforanswers13](/avatars/29962.jpg)
justhereforanswers13
20.02.2021 •
Mathematics
Juan dimes received a single payment loan from his loan for $4,000. he agreed to repay the loan in 90 days at an interest rate of 8.5% exact interest. what is the maturity value of his loan when he pays it back in 90 days. 
$83.84
$4,085.00
$4,083.84
$85.00
Solved
Show answers
More tips
- H Health and Medicine Where is the appendix located?...
- S Style and Beauty How to Properly Tie a Tie: 5 Simple Steps...
- L Leisure and Entertainment How to Make a Crab Trap in Just a Few Minutes...
- H Health and Medicine How Much Does Abortion Cost? Expert Answers and Insights...
- S Sport How to Build Arm Muscles? Effective Exercises and Tips...
- H Health and Medicine When can it be said that a person has a normal pulse?...
- A Art and Culture When Will Eurovision 2011 Take Place?...
- S Style and Beauty How to Choose the Perfect Hair Straightener?...
- F Family and Home Why Having Pets at Home is Good for Your Health...
- H Health and Medicine How to perform artificial respiration?...
Answers on questions: Mathematics
- M Mathematics What is the perimeter of a rectangle with a length of 11.5 yd and a width of 5 yd? question 1 options: a) 66 yd b) 33yd c) 18yd d) 16.5yd...
- C Chemistry Help me please to choose...
- M Mathematics If (a, b) is the solution of the linear system x + y = 1 and x − y = −3, what is the value of b?...
- E English 13 gillian s dreama) last night gillian had a very strange dream.fill in the correct forms of the adjectives.the craziest dream of my lifein my dream i walked along camden...
- E English Jamie pictured herself running the race course as she prepared for the cross-country meet. this is an example of meaningful learning cognitive mapping rote learning observational...
- E English Read the excerpt from my first march.” exactly! ” mama said. by marching, we’ll be letting the government know that we want those unfair laws to be changed. and while we...
Ответ:
9514 1404 393
(c) $4,083.84
Step-by-step explanation:
The amount due is ...
A = P(1 +rt)
where P is the amount borrowed, r is the annual rate, and t is the number of years. For "exact interest", we use 365 days in a year, so the number of years is 90/365.
A = $4000(1 + 0.085×90/365) ≈ $4083.84
Juan's loan will have a value of $4083.84 at maturity.
Ответ:
4008.5
Step-by-step explanation:
Ответ:
(Also what grade is this?)