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East Coast Bank of America made a loan at 9.75% interest for 254 days. If the amount of interest was $270.50, use the exact interest

East Coast Bank of America made a loan at 9.75% interest for 254 days. If the amount of interest was $270.50, use the exact interest method to find the amount of principal borrowed. (Round to the nearest whole dollar amount)

a) $3,649

b) $3,987

c) $4,138

d) $3,789

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