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Find the interest on the following loan.
$5350 at 9%; loan made on August 15 and due December 18
The simple interest for this loan is $
(Round to the nearest cent as needed.)

Respuesta :

jackiejarrell45

Answer     for 2020:  loan maturity in days 125

                                   Actual Interest is $164.90

Step-by-step explanation:

loan x Interest x Time (in days =Total interest