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On September 1 4 , Jennifer Rick went to Park Bank to borrow $ 4 , 6 0 0 . 0 0 at 1 0
On September Jennifer Rick went to Park Bank to borrow $ at interest. Jennifer plans to repay the loan on January
Assume the loan is on ordinary interest. Use Days in a year table.
a What interest will Jennifer owe on January
Note: Do not round intermediate calculations.Round your answer to the nearest cent.
Interest
b What is the total amount Jennifer must repay at maturity?
Note: Do not round intermediate calculations. Round your answer to the nearest cent.
Total amount
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