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Compute (a) the ordinary interest, (b) the exact interest, and (c) their difference. Round answers to the nearest cent. Principal, Rate, and Time: $2,625 at
Compute (a) the ordinary interest, (b) the exact interest, and (c) their difference. Round answers to the nearest cent.
Principal, Rate, and Time: $2,625 at 5% for 120 days.
a. Compute the ordinary interest $
b. Compute the exact interest $
c. Compute their difference $
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