<PRE><B>Question 1155533</B>
.
Kristi Yang borrowed $18,000. The term of the loan was 60 days, and the annual simple interest rate was 7.1%. 
Find the simple interest due on the loan. (Round your answer to the nearest cent.)
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&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;The assignment requires the answer to the nearest cent.

&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;@mananth failed this request and rounded to the nerest dollar.

&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;See my correct calculations below.



SI = P * R * t

P = 18000

R = 7.1% = 0.071

T = 60 days = (60/365) years


Plug values


18000 * 0.071 * (60/365) = 210.0822


Interest = $ 210.08  to the nearest cent.  &amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&lt;U&gt;ANSWER&lt;/U&gt;



So, @mananth either does not read the assignment to the end, or his code makes rounding 
based on its own rules that @mananth does not control to the end - and then @mananth does not read/look at the output of his code.



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