Question: Question 1 ( 2 points ) You borrowed $ 6 0 , 0 0 0 to start up a new business and agree to repay

Question 1(2 points)
You borrowed $60,000 to start up a new business and agree to repay the loan plus interest when the loan is due in 690 days on February 9,2025. The bank charges you 6% simple interest. How much must you pay on February 9,2025 to fully pay it off?
$53,887.80
$66,805.48
$63,600
$6805.48
Question 1 ( 2 points ) You borrowed $ 6 0 , 0 0

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