Using 360 days as the denominator, calculate interest for the following notes using the formula I =
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Using 360 days as the denominator, calculate interest for the following notes using the formula I = P × R ×T.
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Principal Rate Time Interest 60 days 30 $4,000 3,000 7,500 850 2,250 1,900 7.00% 9.50 8.00 150 99 7.90 7.55 8.80 122 82
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