Question
9. Jake's Skateboards borrowed $6500 to expand their storage area and repair shop. The loan was for three years at 8.5% APR. a) How much
9. Jake's Skateboards borrowed $6500 to expand their storage area and repair shop. The loan was for three years at 8.5% APR. a) How much simple interest did the company have to pay for the loan and b) what was the maturity value?*
a) $1560 b) $8060
a) $165.75 b) $6665.75
a) $!657.30 b) $8157.50
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Linear Algebra A Modern Introduction
Authors: David Poole
3rd edition
9781133169574 , 978-0538735452
