Solve the problem. Round money to the nearest cent, rate to the nearest tenth of a percent, and time to the nearest day.Frank borrowed $57,672 at 11.9% for 185 days to expand his bike shop. Find the maturity value of the loan.

A. $61,248.48
B. $61,338.52
C. $60,962.46
D. $61,198.80


Answer: D

Mathematics

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