2017ediop73 2017ediop73

09-12-2022
Mathematics

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On September 12, Jody Jansen went to Sunshine Bank to borrow $4,300 at 9% interest. Jody plans to repay the loan on January 27. Assume the loan is on ordinary interest. (Use Days in a year table)

a. What interest will Jody owe on January 27?
B. . What is the total amount Jody must repay at maturity?

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