Question: Marta needs some quick cash for books at the beginning of spring semester, so she borrows $500 at 9% simple interest for 4 months. How
Marta needs some quick cash for books at the beginning of spring semester, so she borrows $500 at 9% simple interest for 4 months. How much interest will she pay, and what is the future value of the loan?
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Sure lets calculate it textSimple Interest Prt Where P 500 principal amount r ... View full answer
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