Question: Pearson MyLab and Mastering P Chapter 5 Test interest rate calculator - Google Search Benjamin Smith 04/24/23 9:44 PM Question 3 of 9 This test:


Pearson MyLab and Mastering P Chapter 5 Test interest rate calculator - Google Search Benjamin Smith 04/24/23 9:44 PM Question 3 of 9 This test: 45 point(s) possible This question: 6 point(s) possible Submit test A building contractor gives a $15,500 promissory note to a plumber who has loaned him $15,500. The note is due in 9 months with interest at 9%. Three months after the note is signed, the plumber sells it to a bank. If the bank gets a 11% return on its investment, how much will the plumber receive? Will it be enough to pay a bill for $15,670? How much will the plumber receive? $ (Round to the nearest cent as needed.) Will it be enough to pay a bill for $15,670? O A. No O B. Yes Time Remaining: 02:14:39 Next
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