Sari takes out a small business loan of $ 7 5 , 0 0 0 for 5 months at 6 8 simple interest A How much must she pay back if it is a standard loan B Suppose it is a discounted loan, how much money does she receive and what is the actual interest rate ...

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Sari takes out a small business loan of $ 7 5 , 0 0 0 for 5

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Sari takes out a small business loan of $

75, 000

for

5

months at

6.8 %

simple interest.

.

How much must she pay back if it is a standard loan?

.

Suppose it is a discounted loan, how much money does she receive and what is the actual interest rate?

Posted Date: May 18, 2024 10:02 AM

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Sari takes out a small business loan of $ 7 5 , 0 0 0 for 5

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