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Nolan Walker decided to buy a used snowmobile since his credit union was offering such low interest rates. He borrowed $4,900 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 $4,900 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.)
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