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A Merchandise r borrow ed $ 100,000 . The loan was for 18 months at a simple interest rate of 4 % . What is

A Merchandiser borrowed $ 100,000. The loan was for 18months at a simple interest rate of 4%. What is the interest andthe maturity value? (6 points)

T (C) A Merchandiser borrowed $ 100,000. The loan was for 18 months at a simple interest rate of 4%. What is the interest and the maturity value? (6 points)

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