John di Silvestre obtained a loan to buy a cello for $8,400. He pays 12% exact interest on the loan for 146 days. What is the amount of interest owed and the maturity value of the loan? $3,360.00 interest; $11,360.00 maturity value $403.20 interest; $8,803.20 maturity value $1,680.00 interest; $10,080.00 maturity value $1,008.00 interest; $9,408.00 maturity value
I SOLVED THE FIRST ONE HELP WITH THESE Seman Samudhi obtained a $2,000 loan to purchase a computer. His interest rate is 7% ordinary interest for 108 days. How much interest does he owe and what is the maturity value of the loan? $28.00 interest; $1,028.00 maturity value $21.00 interest; $1,021.00 maturity value $14.00 interest; $2,014.00 maturity value $42.00 interest; $2,042.00 maturity value
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