Multiple Choice
The financial officer of Toys and Noise arranges a loan of $7,500, at 8.5% interest, for 33 months. Find the amount of simple interest. (Round to the nearest cent)
A) $1,560.21
B) $1,753.13
C) $8,480.21
D) $5,460.13
Correct Answer:
Verified
Correct Answer:
Verified
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