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Jolene Kendrick borrowed $24,000.00 for new computers for her software production company. Her bank granted her a single-payment loan of $24,000.00 for 144 days. Determine the maturity value of the loan if the rate is 9% at exact interest.

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Jolene Kendrick borrowed $24,000.00 for new computers for her software production company. Her bank granted her a single-payment loan of $24,000.00 for 144 days. Determine the maturity value of the loan if the rate is 9% at exact interest.






 
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