A man borrowed $3300 from a bank for 6 months. A friend was cosigner of the man's personal note. The bank collected 3 and one half % simple interest on the date of maturity.

a) How much did the

man

pay for the use of the money?

b) Determine the amount

he

repaid to the bank on the due date of the note.

a) The

man

paid

$

for the use of the money.

b) On the due date of the note, the

man

repaid

$

to the bank.