Question: Hernandez Engineering borrows $ 6 , 5 0 0 , at 8 1 2 % interest, for 1 5 0 days. If the bank uses

Hernandez Engineering borrows $6,500, at
8
1
2
%
interest, for 150 days. If the bank uses the ordinary interest method, how much interest (in $) will the bank collect? (Round your answer to the nearest cent.

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