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Mathematics, 28.05.2021 01:00 lizzyhearts

6. Amy obtains a loan for home renovations from a bank that charges simple interest at an annual rate of 3.6%. Her loan is for $15,600 for 78 days. Assume each day is 1/365 of a year. Answer each part below. Do not round any intermediate computations, and round your final answers to the nearest cent. a) Find the interest that will be owed after 78 days. $ b) Assuming Amy doesn't make any payments, find the amount owed after 78 days.​

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6. Amy obtains a loan for home renovations from a bank that charges simple interest at an annual rat...
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