Mathematics, 13.04.2021 01:00, chodister353

In order to start a small business, a student takes out a simple interest loan for $5000.00 for 3 months at a rate of 6.50%. a. How much interest must the student pay?
b. Find the future value of the loan.

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In order to start a small business, a student takes out a simple interest loan for $5000.00 for 3 months at a rate of 6.50%. a. How much interest must the student pay? b. Find the future value of the loan.

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In order to start a small business, a student takes out a simple interest loan for $5000.00 for 3 months at a rate of 6.50%. a. How much interest must the student pay?
b. Find the future value of the loan.