Asked by Anonymous


Raimo borrowed $760 from Chris on October 10 and agreed to repay the debt with simple interest at the rate of 4.4% on May 11.

How much interest was owed on May 11? Assume that February has 28 days. (Round your answer to the nearest cent.)
Answered by Henry
Check: I counted 213 days.

I = Po*r*t = 760*(0.04/365)*213 =
Answered by Henry
Correction: Change 0.04 to 0.044.
Answered by komalpreet
19.7296
Answered by komalpreet khaira
$7122.72
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