Mathematics, 28.09.2021 20:20 izayahclark5123
In order to start a small business, a student takes out a simple interest loan for $6000.00 for 9 months at a rate of 6.25%
a. How much interest must the student pay?
b. Find the future value of the loan.
(Round to the nearest cent as needed.)
Answers: 2
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In order to start a small business, a student takes out a simple interest loan for $6000.00 for 9 mo...
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