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The Wet Dog Surf Company borrows $35,000 at 5.50% for 7 months. Calculate the total interest amount (rounded to the nearest penny) that Wet Dog

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The Wet Dog Surf Company borrows $35,000 at 5.50% for 7 months. Calculate the total interest amount (rounded to the nearest penny) that Wet Dog will pay. A B D E 1 2 Answer = 3 4 6 7 8 9 10 The Wet Dog Surf Company borrows $28,000 for 3 months and will pay $700.00 interest. Calculate Wet Dog's Annual Percentage Interest Rate (APR) (rounded to two decimal places). A B D E 1 2 Answer = 3 4 5 6 7 8 9 10

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