Business Mathematics Brief 12th Edition by Stanley Salzman ,Gary Clendenen, Charles Miller

تمرين 83

Solve the following application problems. Round dollar amounts to the nearest cent.
INVENTORY Benson Automotive borrows $2,000,000 at
from a bank to buy land to build a building for a new dealership. Given that the loan is for 9 months, find (a) the interest and (b) the maturity value.