On April 5 2010 Sabrina Bowers Took Out The 8 5 Loan For 20 00 The Loan Is Due M

On April 5 2010, Sabrina Bowers took out the 8.5% loan for $20,00. The loan is due March 9 2011. Using the exact interest. What will she pay on March 9,2011?

On April 5 2010, Sabrina Bowers took out the 8.5% loan for $20,00. The loan is due March 9 2011. Using the exact interest. What will she pay on March 9,2011? Solution:Loan amountRateNo. of days…

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