monicalopez14893 monicalopez14893

18-09-2022
Mathematics

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Yolanda takes out a loan for her college tuition from a bank that charges simple interest at an annual rate of 8.95%. Her loan is for $2900 for 11 months. Assume each month is 1/2 of a year. Answer each part below.
Do not round any intermediate computations, and round your final answers to the nearest cent. If necessary, refer to the list of Onancial formulas.

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