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8 Check my work Harold Hill borrowed $15,000 to pay for his child's education at Riverside Community College. Harold must repay the loan at the
8 Check my work Harold Hill borrowed $15,000 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 41% interest. a. How much interest must Harold pay? 57 ints Note: Do not round intermediate calculation. Round your answer to the nearest cent. Interest to pay $ 4.25 eBook Hint Print References b. What is the maturity value? Note: Do not round intermediate calculation. Round your answer to the nearest cent. Maturity value $ 1,925.00
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