Vince L.

LH borrowed $16,900 to pay for education at College. L must repay at the end of 18 months in one payment with 2 ½% interest. a. How much interest must Leslie pay? (Do not round intermediate calculation. Round your answer to the nearest cent.) Interest$

b.
What is the maturity value? (Do not round intermediate calculation. Round your answer to the nearest cent.)

Maturity value \$

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Steve S. answered • 02/13/14

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Jon L. answered • 02/12/14

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James G. answered • 02/12/14

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Vince L.

Unfortunately this was all that was provided to me and I have seem to have hit a wall.  Thanks Jim, I will do some more digging to see if I'm missing a piece of info.
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02/12/14

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