Question 1155532
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Hector Elizondo took out a 65-day loan of $7500 at an annual interest rate of 5.5%. 
Find the simple interest due on the loan. (Round your answer to the nearest cent.)
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        The assignment requires the answer to the nearest cent.

        @mananth failed this request.

        See my correct calculations below.



Interest = P * R *T


convert days to years = 65/365


Interest = 7500 * 0.055 * (65/365)


= $73.46 to the nearest cent.  &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>ANSWER</U>



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.