Li Klein
11/16/2023 · Elementary School
Find the simple interest on the following loan. Assume 365 days in a year. \( \$ 34,500 \) at \( 15.25 \% \) for 179 days The simple interest on \( \$ 34,500 \) at \( 15.25 \% \) for 179 days is \( \$ \square \) (Round to the nearest cent as needed.)
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The simple interest on the loan is approximately \$2580.17.
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