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William borrows $ 4 4 4 0 on January 1 for one year at an interest rate of 9 % . Interest is calculated monthly

William borrows $4440 on January 1 for one year at an interest rate of 9%. Interest is calculated monthly and payments are due at the end of each month, starting January 31. How much interest will William owe on the loan for the month of January? Assume that there are 12 equal months in the year.
$44.40.
$377.30.
$33.30.
$39.96.
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