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Aneesha went to Citizen Bank. She borrowed $7,000 at a rate of 8%. The date of the loan was September 20. Aneesha hoped to repay
Aneesha went to Citizen Bank. She borrowed $7,000 at a rate of 8%. The date of the loan was September 20. Aneesha hoped to repay the loan on January 20. Assuming the loan is based on ordinary interest, Aneesha will pay back how much interest on January 20? Multiple Choice $188.22 $187.18 $189.78 $187.17 None of these
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