Mathematics, 27.06.2019 15:00 ashleyivers3

14. the alan turing home remodeling company borrowed $125,000 from dodge bank & trust to pay for materials and labor for a new warehouse. the bank lent the money at 2.0% above the prime rate of 5.25%. the loan is ordinary interest for 90 days. what is the maturity value of the loan? (a) $122,734.37 (c) $129,699.42 (b) $127,265.63 (d) $132,819.35

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