Mathematics, 03.04.2021 04:10 luna1742

In order to start a small business, a student takes out a simple interest loan for $6000.00 for 3 months at a rate of 7.75%. A. How much interest must the student pay?
B. Find the future value of the loan.

Answers: 3

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In order to start a small business, a student takes out a simple interest loan for $6000.00 for 3 mo...

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More questions: Mathematics Another questions

In order to start a small business, a student takes out a simple interest loan for $6000.00 for 3 months at a rate of 7.75%. A. How much interest must the student pay? B. Find the future value of the loan.

Answers

Another question on Mathematics

In order to start a small business, a student takes out a simple interest loan for $6000.00 for 3 months at a rate of 7.75%. A. How much interest must the student pay?
B. Find the future value of the loan.