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Question 37

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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 t 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 t interest for 130 days. Find the simple interest. A) $3670.63 B) $1315.31 C) $1325.50 D) $1307.35 interest for 130 days. Find the simple interest.


A) $3670.63
B) $1315.31
C) $1325.50
D) $1307.35

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