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A print shop borrow $ 4 4 0 0 from a credit Union for 1 9 3 days the credit union charges simple interest at

A print shop borrow $

4400

from a credit Union for

193

days the credit union charges simple interest at annual rate of

12 %

For this loan assume each day is

1 / 365

of a year find the interest that will be owed in

193

days

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