On April 13, Michelle Lizaro borrowed $3,000 from her credit union at 9% for 100 days. The credit union uses the ordinary interest method. (a) What is the amount (in $) of interest on the loan? $ (b)...

On April 13, Michelle Lizaro borrowed $3,000 from her credit union at 9% for 100 days. The credit union uses the ordinary interest<br>method.<br>(a)<br>What is the amount (in $) of interest on the loan?<br>$<br>(b)<br>What is the maturity value (in $) of the loan?<br>(c)<br>What is the maturity date of the loan?<br>-Select-- v<br>

Extracted text: On April 13, Michelle Lizaro borrowed $3,000 from her credit union at 9% for 100 days. The credit union uses the ordinary interest method. (a) What is the amount (in $) of interest on the loan? $ (b) What is the maturity value (in $) of the loan? (c) What is the maturity date of the loan? -Select-- v

Jun 04, 2022

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On April 13, Michelle Lizaro borrowed $3,000 from her credit union at 9% for 100 days. The credit union uses the ordinary interest method. (a) What is the amount (in $) of interest on the loan? $ (b)...

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