Lynne needs to borrow $7250 for cosmetic surgery. She obtains a loan from her grandmother for 60 months at a simple interest rate of 5.8%. What is the loans future value?

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Obelia asked Jan 28, 2023

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Lynne needs to borrow $7250 for cosmetic surgery. She obtains a loan from her grandmother for 60 months at a simple interest rate of 5.8%. What is the loans future value?

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Obelia asked Jan 28, 2023

by Obelia

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For a initial loan L which will be paie

David C Adams answered Feb 4, 2023

by David C Adams

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