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Compute the ordinary interest (360-day year) and the total amount of the loan in the following problems. Round answers to the nearest cent. Ordinary Principal,

Compute the ordinary interest (360-day year) and the total amount of the loan in the following problems. Round answers to the nearest cent.

Ordinary

Principal, Rate, and Time

Interest

Amount

$13,200 at 2.5% for 150 days

__________

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