Mathematics, 20.02.2021 23:10 aeriyonna58

Stephen Simmons received a single payment loan for a loan for $6,200. he agreed to repay the loan and 160 days at an interest rate of 10% ordinary interest. What is the maturity value of his loan when he pays it back in 160 days.

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Stephen Simmons received a single payment loan for a loan for $6,200. he agreed to repay the loan and 160 days at an interest rate of 10% ordinary interest. What is the maturity value of his loan when he pays it back in 160 days. ￼￼

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Another question on Mathematics

Stephen Simmons received a single payment loan for a loan for $6,200. he agreed to repay the loan and 160 days at an interest rate of 10% ordinary interest. What is the maturity value of his loan when he pays it back in 160 days.