brainvoul brainvoul
  • 17-09-2020
  • Business
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4. Gardening, Inc., borrowed $94,500 at 11.65 percent ordinary interest for 15 days:
What is the maturity value?

Respuesta :

koteswor977 koteswor977
  • 17-09-2020

Answer:

$ 94952.434

Explanation:

94500 x 11.65% divide that by 365 days (1 year) ---A

Multiply that ans. (A) by 15 days ( according to question)

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