Question $29$

Jasper makes a $$49,000,90-$day, $8\mathrm{.}5\%$ cash loan to Clayborn Company. The amount of interest that Jasper will collect on

the loan is:

Note: Use $360$ days a year.

$$4,165.$

$$1\mathrm{.}041\mathrm{.}25$

$$2\mathrm{.}082\mathrm{.}50.$

$$347\mathrm{.}08$

$$46\mathrm{.}28.$

Question $30$

Defy Company makes a $$67,000,90-$day, $10\%$ cash loan to Ryan Company. The note and interest to be collected at