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The principal P is borrowed at a simple interest rate r for a period of time t. Find the simple interest owed for the use

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The principal P is borrowed at a simple interest rate r for a period of time t. Find the simple interest owed for the use of the money. Assume there are 360 days in a year. P =$6000, r=6.0%, t = 15 months The simple interest owed for the use of the money is $ (Round to the nearest cent as needed.)

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