Question: Suresh borrows $1,750.00 which he will repay with level weekly payments over 3 years. The interest rate is i (2) = 2.000%. What is the

Suresh borrows $1,750.00 which he will repay with level weekly payments over 3 years. The interest rate is i(2) = 2.000%. What is the outstanding balance on the loan just after 113 payments?

a.

$625.92.

b.

$606.20.

c.

$517.49.

d.

$492.85.

e.

$537.20

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