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QUESTION 1 Ignacio obtains a loan of $9,500, at 8.75% interest, for 9 months. Find the amount of simple interest. (Round to the nearest cent)

QUESTION 1 Ignacio obtains a loan of $9,500, at 8.75% interest, for 9 months. Find the amount of simple interest. (Round to the nearest cent) O a $701.36 b. 5825.55 OC. $598.78 d. 5658.07

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