Multiple Choice
Solve the problem. Round dollar amounts to the nearest cent. Use 360 days.
-Polson Associates bought a new computer system. To pay for the system, they borrowed $41,950 from the bank at
interest for 130 days. Find the simple
A) $3670.63
B) $1315.31
C) $1325.50
D) $1307.35
Correct Answer:

Verified
Correct Answer:
Verified
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