Determine the simple interest. Unless noted otherwise, assume the rate is an annual rate. Assume 360 days

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Determine the simple interest. Unless noted otherwise, assume the rate is an annual rate. Assume 360 days in a year. Round answers to the nearest cent.


p = $41,864, r = 0.0375% per day, t = 60 days

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A Survey of Mathematics with Applications

ISBN: 978-0134112107

10th edition

Authors: Allen R. Angel, Christine D. Abbott, Dennis Runde

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