On May 4 Ariel signed a simple discount note for $3,500 at 31/2% for 60 days. Use the simple interest formula to calculate the amount of interest Ariel
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On May 4 Ariel signed a simple discount note for $3,500 at 31/2% for 60 days.
- Use the simple interest formula to calculate the amount of interest Ariel will pay using ordinary interest.
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