Solve the following word problems. Round to the nearest cent when necessary.On May 23
Chapter 0, Problem 28(choose chapter or problem)
Solve the following word problems. Round to the nearest cent when necessary.On May 23, Samantha Best borrowed $4,000 from the Tri City Credit Union at 13% for 160days. The credit union uses the exact interest method. a. What was the amount of interest on the loan? b. What was the maturity value of the loan?c. What is the maturity date of the loan?
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