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Dominion Contracting Invested Surplus Funds in Term Deposits

Question 121

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Dominion Contracting invested surplus funds in term deposits. All were chosen to mature on April 1 when the firm intends to purchase a new grader. Dominion Contracting invested surplus funds in term deposits. All were chosen to mature on April 1 when the firm intends to purchase a new grader. What total amount will be available from the maturing term deposits on April 1 (of a leap year)? What total amount will be available from the maturing term deposits on April 1 (of a leap year)?

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