5 8 09 10 11 12 13 Donna takes out a loan for her college...
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Accounting
5 8 09 10 11 12 13 Donna takes out a loan for her college tuition from a bank that charges simple interest at an annual rate of 6,4%. Her loan is for $4600 for 7 months. Assume each month is 12 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 financial formulas (a) Find the interest that will be owed after 7 months sa onths (6) Assuming Donna doesn't make any payments, find the amount owed after 7 sc
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