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Business Math Please answer correctly! Lois Lane borrowed $1650 at 3% interest for 10 months from Lex Luthor. At the end of 10 months she
Business Math
Please answer correctly!
Lois Lane borrowed $1650 at 3% interest for 10 months from Lex Luthor. At the end of 10 months she could not repay the loan and decided to refinance the loan plus the accumulated interest for another 3 months at 5.5% simple interest. How much total interest was Lois charged? Total = $ The maturity value of an investment after 66 months is $5632.32. What was the original investment if it earned 0.003% compounded semiannually? Multiple Choice O $5,468.11 O $5,631.39 O $6,765.31 O O $982.55
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