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On May 3, 2020, Leven Corp negotiated a short-term loan of $735,000. The loan is due October 1, 2020, and carries a 5.90% interest rate.

On May 3, 2020, Leven Corp negotiated a short-term loan of $735,000. The loan is due October 1, 2020, and carries a 5.90% interest rate. Use ordinary interest to calculate the interest What is the total amount Leven would pay on the maturity date? (Use Davina var table) (Do not round intermediate calculations. Round your answer to the nearest cent Maturity value

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