Question: Can you please solve this? I need this solved please. In the format given please. Attached is the problem. lngn es Skinner were given a

Can you please solve this? I need this solved please. In the format given please. Attached is the problem.

lngn es Skinner were given a loan of $5,224 at 6% simple interest what is the maturity ofthe loan ifthe total interest cost ofthe loan is: a. $1,766.89 b. $1,556.15 (2. $997.37 Relevant Information Annual Interest Rate Periods Per Year Number of Years Needed Information Present Value m Future Value Payment $0.00 Rate Number of Periods Additional Calculations (if needed) a b c 6.000% 6.000% 6.000%

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