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Jean McDonald's Bank granted him a single loan payment in $5000 For 90 days and 13% ordinary interest. what is the amount of ordinary interest

Jean McDonald's Bank granted him a single loan payment in $5000 For 90 days and 13% ordinary interest. what is the amount of ordinary interest owed?

- Gene McDonald's bank granted him a single-payment loan of $5,000 for 90 days at 13 percent ordinary interest. What is the amount of ordinary interest owed? a $132.50 c. $165.70 b. $156.20 d. $162.50

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