Find the simple interest and the future value of the simple interest loan. Round to the nearest cent.Loan amount of $45,964 borrowed at an annual percentage rate of 3.4% for 20 months

A. $2626.51; $48,590.51
B. $2734.86; $48,698.86
C. $2604.63; $48,568.63
D. $2474.40; $48,438.40


Answer: C

Mathematics

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