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State Bank made a loan at 12% interest for 360 days. If the amount of interest was $932.40, use the ordinary interest method to find

State Bank made a loan at 12% interest for 360 days. If the amount of interest was $932.40, use the ordinary interest method to find the amount of principal borrowed. (Round to the nearest whole dollar.) $7,668$7,770$8,821$9,684

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