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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

Sagot :

Answer:

26,600

Step-by-step explanation:

10 percent= 1,360

1 percent= 136

+=1,496

*9 =10,000

the other answer to this is wrong :/ It would actually be

A total of $14,722 must be repaid on November 7.