Solve the problem. Round dollar amounts to the nearest cent. Use ordinary interest unless otherwise indicated.Bob's BBQ signed a note with a face value of $18,500.00 on September 11. The note is for 90 days and carries an interest rate of 9%. Find the due date and the maturity value of the note.
A. December 10, $18,916.25
B. December 11, $20,165.00
C. December 11, $19,055.00
D. December 12, $18,500.00
Answer: A
Mathematics
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