You currently owe $1400 today and $2317 in 195 days at a rate of interest of 7%. What is the single equivalent payment 150 days from today?
A) $2297.18
B) $2297.81
C) $2279.18
D) $2279.81
E) $3737.45

Question

Quizplus · Accepted Answer

The Answer of You currently owe $1400 today and $2317 in 195 days at a rate of interest of 7%. What is the single equivalent payment 150 days from today?
A) $2297.18
B) $2297.81
C) $2279.18
D) $2279.81
E) $3737.45

You Currently Owe $1400 Today and $2317 in 195 Days