The managers of alfredo's pizza, a popular pizzeria in new york city, have been increasingly encouraging senior citizens to visit the pizzeria's numerous outlets spread across the city. anticipating a rise in the population of senior citizens in the area, the management of alfredo's pizza is seeking to tap into this promising segment that consists of retired, affluent consumers. in this instance, the managers of alfredo's pizza are anticipating company growth through

Jamie is saving for a trip to europe. she has an existing savings account that earns 3 percent annual interest and has a current balance of $4,200. jamie doesn’t want to use her current savings for vacation, so she decides to borrow the $1,600 she needs for travel expenses. she will repay the loan in exactly one year. the annual interest rate is 6 percent. a. if jamie were to withdraw the $1,600 from her savings account to finance the trip, how much interest would she forgo? .b. if jamie borrows the $1,600 how much will she pay in interest? c. how much does the trip cost her if she borrows rather than dip into her savings?