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a. What will be the maturity value of $18,000 placed in a 140-day term deposit paying an interest rate of 2.75%? (Do not round intermediate
a. What will be the maturity value of $18,000 placed in a 140-day term deposit paying an interest rate of 2.75%? (Do not round intermediate calculations and round your final answer to 2 decimal places.) Maturity value $ b. If, on the maturity date, the combined principal and interest are "rolled over" into a 110- day term deposit paying 2.60%, what amount will the depositor receive when the second term deposit matures? (Do not round intermediate calculations and round your final answer to 2 decimal places.) Maturity value $
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