Question: Compute the simple interest. Do not round intermediate calculations. Round your answer to the nearest cent. Principal Rate Time Interest $2,250 3% 1 9/10years $______

Compute the simple interest. Do not round intermediate calculations. Round your answer to the nearest cent.

Principal Rate Time Interest
$2,250 3% 1 9/10years

$______

Compute the simple interest. Assume 1 month to be of a year.

Principal Rate Time Interest
$18,000 9% 8 months $______

Principal Rate Time Ordinary Interest Exact Interest Difference
$920 7% 44 days $_____ $______

$_____

Principal Rate Time Ordinary Interest Exact Interest Difference
$2,700 6% 199 days $_____ $_____ $_____

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