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6. Mary Karam plans to borrow $1900. She has decided on a term of 290 days at 8% simple interest. She has a choice of
6. Mary Karam plans to borrow $1900. She has decided on a term of 290 days at 8% simple interest. She has a choice of two lenders. One calculates interest using a 360-day year and the other uses a 365-day year. Find the amount of interest Karam will save by using the lender with the 365-day year. * (5 Points) $1.98 $1.16 $1.68 $1.79 $1.82
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