Question: Carrie Umholtz held a $3,200, 105-day note dated July 7, bearing interest at 9.6%. On August 11, Carrie took the note to a finance company

Carrie Umholtz held a $3,200, 105-day note dated July 7, bearing interest at 9.6%. On August 11, Carrie took the note to a finance company which discounted it at 11.3%. Use a 365-day year to find the missing information on the loan.

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