Multiple Choice
Solve the problem. Assume that simple interest is being calculated in each case. Round your answer to the nearest cent.
-Skyway Marketing, Ltd. bought a new computer system. To pay for the system, they borrowed $47,090 at Interest for 150 days. Find the interest owed. (Use a 365 day year.)
A) $1112.74
B) $676.92
C) $2707.68
D) $967.60
Correct Answer:
Verified
Correct Answer:
Verified
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