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We are going to plant cotton this year, we will need to plant 5 0 lbs . to the acre and we will piant 2

We are going to plant cotton this year, we will need to plant 50 lbs. to the acre and we will piant 200 acres. The seed company will finance pur purchase of seed for up to one year at 7.34% intervestlyear. Please use the above information to answer the following questions.
A) What is the total cost of cotton seed apeded to plant our 200 acres? This amount is known as the portion of the loan
B) What would the total interest be if we carried out the loan for a full year?
C) What would the interest be if we paid the loan off after 305 days?
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