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Determine the simple interest. The rate is an annual rate. Assume 360 days in a year. p = $503.12, r=7.3%, t=59 days The simple

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Determine the simple interest. The rate is an annual rate. Assume 360 days in a year. p = $503.12, r=7.3%, t=59 days The simple interest is $ (Do not round until the final answer. Then round to the nearest cent as needed.)

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