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(2 points) (Exercise 2.20) A sum of $11500 is invested for the months of November and December at 8.4% simple interest. Find the amount of

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(2 points) (Exercise 2.20) A sum of $11500 is invested for the months of November and December at 8.4% simple interest. Find the amount of interest earned: a) Assuming exact simple interest. ANSWER = b) Assuming ordinary simple interest. ANSWER = C) Assuming the Banker's Rule. ANSWER =

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