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Rento question On July 14, Jennifer Rick went to Park Bank to borrow $3,200 at 875% interest. Jennifer plans to repay the loan on March

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Rento question On July 14, Jennifer Rick went to Park Bank to borrow $3,200 at 875% interest. Jennifer plans to repay the loan on March 27. Assume the loan is on ordinary interest. (Use Days in a year table) a. What interest will Jennifer owe on March 27? (Do not round intermediate calculations. Round your answer to the nearest cent.) & Answer is complete but not entirely correct. Interest s 197.15 b. What is the total amount Jennifer must repay at maturity? (Do not round intermediate calculations. Round your answer to the nearest cent.) & Answer is complete but not entirely correct. Total amount $ 3,397 15% hp

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