Question: Check my work a. What will be the maturity value of $31,000 placed in a 130-day term deposit paying an interest rate of 6.00%? (Do

 Check my work a. What will be the maturity value of

Check my work a. What will be the maturity value of $31,000 placed in a 130-day term deposit paying an interest rate of 6.00%? (Do not round intermediate calculations and round your final answer to 2 decimal places.) Maturity value $ b. If, on the maturity date, the combined principal and interest are "rolled over" into a 100-day term deposit paying 3.90%, what amount will the depositor receive when the second term deposit matures? (Do not round intermediate calculations and round your final answer to 2 decimal places.) Maturity value $

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