Question: ppl E Homework: Test Practice Unit 2 - Math of Finance Question 12, 8.3.31 Part 1 of 2 HW Score: 41.67%, 5 of 12 points

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E Homework: Test Practice Unit 2 - Math of Finance Question 12, 8.3.31 Part 1 of 2 HW Score: 41.67%, 5 of 12 points Points: 0 of 1 Save In order to start a small business, a student takes out a simple interest loan for $3000.00 for 6 months at a rate of 11 50% a. How much interest must the student pay? b. Find the future value of the loan a. The amount of interest is $ (Round to the nearest cent as needed clear all Calculator

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