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A- A businessman borrowed $ 120,000 from a Bank at a simple interest rate of 8% on June 12; the loan is due on September

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A- A businessman borrowed $ 120,000 from a Bank at a simple interest rate of 8% on June 12; the loan is due on September 20. (7 points) a) Find the number of days of the loan from June 12 until September 20. b) Using exact interest, find the interest amount (I=?)

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