On May 11, Corlis took out a loan for $2,900, at 8% ordinary interest, for 82 days. What is the maturity date of the loan?
A) August 8
B) August 1
C) August 11
D) August 5

Question

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The Answer of On May 11, Corlis took out a loan for $2,900, at 8% ordinary interest, for 82 days. What is the maturity date of the loan?
A) August 8
B) August 1
C) August 11
D) August 5

On May 11, Corlis Took Out a Loan for $2,900