Asked by Irene

Find the simple interest on a $2,200 loan at 7% interest for 100 days. Use the
Banker’s rule, then compare to the amount of interest using a 365-day year
Answered by oobleck
(a) i = Prt = 2200 * 0.07 * (100/360)
(b) ...
Answered by jhon
the answer
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