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Nolan Walker decided to buy a used snowmobile since his credit union was offering such low interest rates. He borrowed $4,300 at 3.75% on December
Nolan Walker decided to buy a used snowmobile since his credit union was offering such low interest rates. He borrowed $4,300 at 3.75% on December 26, 2019, and paid it off February 21, 2021. How much did he pay in interest? (Assume ordinary interest and no leap year.) (Use Days in a year table.) (Do not round intermediate calculations. Round your answer to the nearest cent.) Interest paid TABLE 7-1 Exact days-in-a-year calendar (excluding leap year) Day of month 31 Jan. 28 Feb. 31 Mar. 30 Apr. 31 May 30 June 31 July 31 Aug. 30 Sept. 31 Oct. 30 Nov. 31 Dec. 1 1 32 60 91 121 152 182 244 274 2 2 33 92 335 336 213 214 215 245 275 183 184 305 306 307 3 3 122 123 124 34 93 61 62 63 64 337 153 154 155 156 246 247 4. 276 277 4 35 185 216 308 338 94 95 5 5 36 125 186 217 248 278 309 6 37 65 96 126 157 187 6 7 218 249 7 279 280 310 311 38 66 97 127 158 188 219 8 8 39 67 98 128 159 189 220 250 251 252 9 281 282 312 313 9 40 68 99 160 190 191 10 10 41 69 314 129 130 131 132 11 221 222 223 224 42 70 100 101 102 103 161 162 163 11 12 192 283 284 285 12 43 71 193 13 13 44 72 133 164 194 225 286 253 254 255 256 257 258 259 260 14 14 45 73 104 134 165 195 226 287 315 316 317 318 319 320 321 15 15 46 74 135 166 227 196 197 16 339 340 341 342 343 344 345 346 347 348 349 350 351 352 353 354 355 356 357 358 359 16 47 75 136 105 106 107 108 167 228 229 17 17 48 76 137 288 289 290 291 292 198 199 18 18 49 168 169 170 77 138 230 231 261 262 322 323 19 19 50 78 109 139 200 51 79 110 20 21 20 21 140 141 52 80 201 202 203 232 233 234 293 294 295 22 53 81 112 142 22 23 171 172 173 174 175 176 263 264 265 266 267 268 324 325 326 327 328 329 54 82 113 143 144 83 114 24 25 24 25 55 56 204 205 206 235 236 237 84 145 115 116 26 26 57 85 177 207 360 238 239 27 22 58 86 117 178 208 36 296 297 298 299 300 301 302 303 304 28 28 59 87 146 147 148 149 150 209 118 119 240 269 270 271 272 273 179 180 350 331 332 383 334 362 363 29 88 29 30 210 211 30 89 120 181 221 222 243 36 365 3 31 90 151 212 on tened tons Julian cender
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