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Solve the problem. Frank borrowed $81,477 at 8.2% for 274 days to expand his bike shop. Find the maturity value of the loan. $86,309.37 O

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Solve the problem. Frank borrowed $81,477 at 8.2% for 274 days to expand his bike shop. Find the maturity value of the loan. $86,309.37 O $86,675.46 O $86,633.69 $86,562.07 Solve the problem. Round money to the nearest cent, if necessary, rates to the nearest whole percent, and time to the nearest month. Mr. Bell wants to borrow $5000 for home improvements. He doesn't want to pay more than $504.17 in interest. Find the longest time for which the money may be borrowed if the interest rate is 11%. O 12 months O 10 months O 11 months O 9 months Next

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