Solve the problem. Round rates to the nearest tenth of a percent, dollar amounts to the nearest cent, and time to the nearest day.Mark Golden needs $9,360.04 to pay for remodeling work. His bank loans money at a discount rate of 10% for 150 days. Find the face value of a loan so he will have $9,360.04.

A. $10,296.04
B. $9,360.04
C. $9,761.18
D. $9,767.00


Answer: D

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