Susan wants a 120-day extension on a payment of $2,000. If she and her creditor agree that money can now earn 6%, what amount should she pay at the later date?
A) $1,961.31
B) $2,038.69
C) $2,079.95
D) $2,039.45
E) $2,080.55

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The Answer of Susan wants a 120-day extension on a payment of $2,000. If she and her creditor agree that money can now earn 6%, what amount should she pay at the later date?
A) $1,961.31
B) $2,038.69
C) $2,079.95
D) $2,039.45
E) $2,080.55

Susan Wants a 120-Day Extension on a Payment of $2,000