Georgia agrees to lend money to Matt at a special interest rate of 9.9% per year

Anonymous

Question description

Georgia agrees to lend money to Matt at a special interest rate of 9.9% per year, on the condition that he borrow enough that he would pay her \$573 in interest over a 9 month period. What was the minimum amount Matt could borrow?

A) \$8681.82

B) \$6945.45

C) \$7652.86

D) \$7717.17

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