A print shop borrows $4200 from a credit union for 178 days. The credit union charges simple interest at an annual rate of 6.5% for this loan. Assume each day 1 365 is of a year. Answer each part below. Do not round any intermediate computations, and round your final answers to the nearest cent. If necessary, refer to the list of financial formulas. (a) Find the interest that will be owed after 178 days. S (b) Assuming the print shop doesn't make any payments, find the amount owed after 178 days. S X

A print shop borrows $4200 from a credit union for 178 days. The credit union charges simple interest at an annual rate of 6.5% for this loan. Assume each day is 3651 of a year. Answer each part below. Do not round any intermediate computations, and round your final answers to the nearest cent. If necessary, refer to the list of finansial formulas