Question: Item3 10 points eBookPrintReferencesCheck my workCheck My Work button is now enabledItem 3 On May 6, Jim Ryan borrowed $14,000 from Lane Bank at 7.5%

Item3 10 points eBookPrintReferencesCheck my workCheck My Work button is now enabledItem 3 On May 6, Jim Ryan borrowed $14,000 from Lane Bank at 7.5% interest. Jim plans to repay the loan on March 11. Assume the loan is on ordinary interest. How much will Jim repay on March 11? (Use Days in a year table.) Note: Round your answer to the nearest cent

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