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On July 7, University Bank lent $ 560 comma 000 to Jazz Music Shop on a 60 day, 4 % note. What is the maturity

On July 7, University Bank lent

$ 560 comma 000

to Jazz Music Shop on a 60 day,

4

%

note. What is the maturity value of the note? (Use a

360minus

day

year and round answers to the nearest dollar.)

A.

$ 563 comma 682

B.

$ 560 comma 000

C.

$ 563 comma 733

D.

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