Determine the simple interest. Unless noted otherwise, assume the rate is an annual rate. Assume 360 days
Question:
Determine the simple interest. Unless noted otherwise, assume the rate is an annual rate. Assume 360 days in a year. Round answers to the nearest cent.
p = $41,864, r = 0.0375% per day, t = 60 days
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Related Book For
A Survey of Mathematics with Applications
ISBN: 978-0134112107
10th edition
Authors: Allen R. Angel, Christine D. Abbott, Dennis Runde
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