Question: A. TA = P + I; I = (P x i x t) 1. What amount was borrowed if the interest is $270, at 9%,

A. TA = P + I; I = (P x i x t) 1. What amount was borrowed if the interest is $270, at 9%, for two months?

2. Find the ordinary interest for a loan of $4,000, at 12%, for 60 days.

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