loan of $15 000 is taken out. If the interest rate on the loan is 7%, how much interest is due and what is the amount repaid if the loan was taken out on April 7 and is due in seven months

loan of $15 000 is taken out. If the interest rate on the loan is 7%,

1.	loan of $15 000 is taken out. If the interest rate on the loan is 7%, how much interest is due and what is the amount repaid if the loan was taken out on April 7 and is due in seven months
A.	13615.52
B.	14615.52
C.	15615.52
D.	16615.52
Answer» D. 16615.52