Find the simple interest and the future value of the simple interest loan. Round to the nearest cent.Loan amount of $15,380 borrowed at an annual percentage rate of 5% for 3.4 years
A. $1376.11; $16,756.11
B. $2614.60; $17,994.60
C. $3383.60; $18,763.60
D. $2537.70; $17,917.70
Answer: B
Mathematics
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