Question: Word Problem 1 0 - 1 6 ( Algo ) [ LU 1 0 - 1 ( 2 ) ] On September 1 2 ,
Word Problem AlgoLU On September Jody Jansen went to Sunshine Bank to borrow $ at interest. Jody plans to repay the loan on January Assume the loan is on ordinary interest. Use Days in a year table a What interest will Jody owe on January Note: Do not round intermediate calculations. Round your answer to the nearest cent. Answer is complete but not entirely correct. b What is the total amount Jody must repay at maturity? Note: Do not round intermediate calculations. Round your answer to the nearest cent. Answer is complete but not entirely correct. beginarrayllhline text Maturity value & $ hline endarray
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