Question
Find the interest on the following loan. Assume 365 days in a year. $39,400 at 13.25% for 121 days The simple interest on $39,400
Find the interest on the following loan. Assume 365 days in a year. $39,400 at 13.25% for 121 days The simple interest on $39,400 at 13.25% for 121 days is $. (Round to the nearest cent as needed.)
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