Find the maturity value of a loan of $2500 at simple interest that is to be repaid in 8 months. The interest rate is 4.3%.
A)
$321.46
B
B)
$2571.67
$2607.50
D)
$9666.67

Question

03-03-2022
Mathematics

Answered

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Find the maturity value of a loan of $2500 at simple interest that is to be repaid in 8 months. The interest rate is 4.3%.
A)
$321.46
B
B)
$2571.67
$2607.50
D)
$9666.67

Sagot :

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