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a . What will be the maturity value of $ 1 5 , 0 0 0 placed in a 1 2 0 - day term
a What will be the maturity value of $ placed in a day term deposit paying an interest rate of Do not round intermediate calculations and round your final answer to decimal places.
Maturity value
b If on the maturity date, the combined principal and interest are "rolled over" into a day term deposit paying what amount will the depositor receive when the second term deposit matures? Do not round intermediate calculations and round your final answer to decimal places.
Maturity value
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