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7. Harold Hill borrowed $15,300 to pay for his child's education at Riverside Community College. Harold must repay the loan at the end of 8

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7. Harold Hill borrowed $15,300 to pay for his child's education at Riverside Community College. Harold must repay the loan at the end of 8 months in one payment with 7% interest. a. How much interest must Harold pay? (Do not round intermediate calculation. Round your answer to the nearest cent.) 1 ponts Interest wa P Refrences b. What is the maturity value? Do not round intermediate calculation. Round your answer to the nearest cent.) Maturity value

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