A woman borrowed 3400 from a bank for 3 months A friend was cosigner of the woman s personal note Th 1 bank collected 6 simple

Question

A woman borrowed 3400 from a bank for 3 months A friend was cosigner of the woman s personal note Th 1 bank collected 6 simple interest on the date of maturity 2 a How much did the woman pay for the use of the money b Determine the amount she repaid to the bank on the due date of the note a The woman paid 55 25 for the use of the money b On the due date of the note the woman repaid to the bank

Kunduz · Accepted Answer

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