GoldenToad46601 GoldenToad46601

29-02-2024
Mathematics

contestada

In order to pay for tuition and books, a college student borrows 3500 for four months at 10.5% interest.
a) How much interest must the student pay?
b) Find the future value of the loan.

A) 123.25, 3623.25
B) 123.25, 3500
C) 368.75, 3500
D) 368.75, 3623.25

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