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What is the simple interest to the nearest cent on a credit card balance of $1,150.00 at 11% interest for 3 months? Calculate the

 

What is the simple interest to the nearest cent on a credit card balance of $1,150.00 at 11% interest for 3 months? Calculate the simple interest due on a four-month loan of $900 if the interest rate is 2.2% per month.

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