Question 2: (20 points) A-A businessman borrowed $ 120,000 from a Bank at a simple interest rate of 8% on June 12, the loan is due on September 20 points) a) Find the number of days of the loan from June 12 until September 20 b) Using exact interest, find the interest amount (I=?). B-A trader borrowed $8000 on a 120-day 4% simple interest note. He paid $1000 toward the note on day 35. On day 80 he paid an additional $1000. Assume 360-day year, what is his ending balance due? (7 points)