Devon takes out a loan of $1,500, at 4% simple interest, for

Last updated: 7/12/2022

Devon takes out a loan of $1,500, at 4% simple interest, for 59 months. What is the maturity value of the loan? (Round to the nearest cent.) 2 O $1,426.63 $1,567.50 $1,831.88 O $2,208.00