Question

Tina and mike have sold their house, but they will not get the proceeds from the sale for an estimated 4 months. The owner of the house they want to buy will not hold the house that long. Tina and mike have two choices: let their dream house go or take out a bridge loan. The bridge loan would be for $89,000, at 8.5% simple interest, due in 120 days. (round your answers to the nearest cent.) (a) how big of a check would they have to write in 120 days? $ (b) how much interest would they pay for

Answer 1

Explanation:

heya mate option A is the answer

Answer 2

Answer:

Correct option is A

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