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Suppose that you took out a loan at 10% interest for 278 days. If the amount of interest was $761.64, use the exact interest method

Suppose that you took out a loan at 10% interest for 278 days. If the amount of interest was $761.64, use the exact interest method to find the amount of principal you borrowed. (Round to the nearest whole dollar)

a) $8,590

b) $10,000

c) $9,863

d) $12,000

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