Question: Word Problem 10-16 (Static) [LU 10-1 (2)] On September 12, Jody Jansen went to Sunshine Bank to borrow $2,300 at 9% interest. Jody plans to

Word Problem 10-16 (Static) [LU 10-1 (2)]

On September 12, Jody Jansen went to Sunshine Bank to borrow $2,300 at 9% interest. Jody plans to repay the loan on January 27. Assume the loan is on ordinary interest. (Use Days in a year table.)

What interest will Jody owe on January 27?

Note: Do not round intermediate calculations. Round your answer to the nearest cent.

What is the total amount Jody must repay at maturity?

Note: Do not round intermediate calculations. Round your answer to the nearest cent.

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