Question: FIRE TRUCK Bergen County borrows $ 3 8 5 , 0 0 0 to purchase a new pumper. The loan must be repaid once property

FIRE TRUCK Bergen County borrows $385,000 to purchase a new pumper.

FIRE TRUCK Bergen County borrows $385,000 to purchase a new pumper. The loan must be repaid once property taxes are paid for the year, or in 200 days, at a rate of 6%. How much more interest would be required to pay using ordinary interest compared to exact interest?
The loan must be repaid once property taxes are paid for the

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