Question: 1. Compute the (a) interest and (b) maturity value for each loan. 1.1 James Bell's bank granted him a $3,500 single-payment loan for 80 days

1. Compute the (a) interest and (b) maturity value for each

1. Compute the (a) interest and (b) maturity value for each loan. 1.1 James Bell's bank granted him a $3,500 single-payment loan for 80 days at 9.25% Ordinary interest so he could make payroll. 1.2 Reggie White took out a $1,400 single-payment loan for 90 days at 7.5% exact Interest to promote her gym

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