On September 12, Jody Jansen went to Sunshine Bank to borrow $2,200 at 7% interest. Jody plans to repay the loan on January 27. Kelly OBrien met Jody Jansen at Sunshine Bank and suggested she consider the loan on exact interest. (Use Days in a year table.)

a.	What interest will Jody owe on January 27? (Do not round intermediate calculations.Round your answer to the nearest cent.)

Interest

$

b.	What is the total amount Jody must repay at maturity? (Do not round intermediate calculations.Round your answer to the nearest cent.)

Maturity value

$

c.	How much would she save in interest if she considers the loan on exact interest instead of ordinary interest? (Do not round intermediate calculations. Round your answer to the nearest cent.)

Interest saved

$