Lonnie needs extra money to buy a truck to start up a delivery service. He takes out a simple interest loan for $4000.00 for 3 months at a rate of 5.25% . How much interest must he pay, and what is the future value of the loan? interest: $57.27 ; future value: $4057.27 interest: $52.50 ; future value: $4065.50 interest: $630.00 ; future value: $4630.00 interest: $52.50 ; future value: $4052.50

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A: ANSWER :

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