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Question 4 Someone borrows $4.150 from a bank at 8.8% simple interest for 326 days (assume 360 days in a year) 1- Prt A-P+
Question 4 Someone borrows $4.150 from a bank at 8.8% simple interest for 326 days (assume 360 days in a year) 1- Prt A-P+ Prt a) How much interest will the customer owe the bank at the end of the borrowing time? b) What is the future value for the bank who borrowed the money to the customer?
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