Solve the problem. Round to the nearest cent.Carl borrowed $8430 on April 14. The loan, at an interest rate of 9%, is for a term of 157 days. Find the date due and the future value for this loan.

A. September 18, $8623.89
B. September 18, $8788.45
C. September 18, $8691.33
D. September 19, $9121.26


Answer: B

Mathematics

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