Solve the problem. Round to the nearest cent.Bob borrowed $1874 on May 6. The loan, at an interest rate of 6.5%, is for a term of 128 days. Find the date due and the future value for this loan.

A. Sept 11, $1939.59
B. Sept 15, $1954.58
C. Sept 15, $1986.44
D. Sept 11, $1917.31


Answer: D

Mathematics

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