What are the interest cost and the total amount due on a six-month loan of $1,200 at
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Question:
What are the interest cost and the total amount due on a six-month loan of $1,200 at 14.2 percent simple annual interest? (Do not round your intermediate calculations. Round your final answers to 2 decimal places. Omit the "S" sign in your response.) Interest cost Total amount due $ $
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