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Calculating Interest Using 360 days as the denominator, calculate interest for the following notes using the formula 1 = P x R x T. If

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Calculating Interest Using 360 days as the denominator, calculate interest for the following notes using the formula 1 = P x R x T. If required, round your answers to the nearest cent. Time 30 days 60 Principal Rate Interest $5,400 1,000 3,700 950 1,250 2,100 6.00% 7.50 8.00 6.80 7.25 7.00 120 95 102 90

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