Question: Chapter 4 Simple Interest Use: 1 = PRT On October 5, Tristan Sandino borrowed $3.050 to buy an English bulldog. The loan carried a rate
Chapter 4 Simple Interest Use: 1 = PRT On October 5, Tristan Sandino borrowed $3.050 to buy an English bulldog. The loan carried a rate of 4% and Tristan agreed to pay a maximum of $105 in interest. What is the maturity date of this loan? Assume a 365-day year. Express your answer as month and day. (Example: June 8)
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