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Hinton Inc. borrowed $35,000 for 7 years at a simple interest rate of 6.1%. The interest was to be paid monthly. (a) Find the monthly
Hinton Inc. borrowed $35,000 for 7 years at a simple interest rate of 6.1%. The interest was to be paid monthly. (a) Find the monthly interest payment. (Round your final answer to two decimal places.) (b) Find the total amount of interest paid
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