Using the ordinary interest method, find the amount of interest on a loan of $5,000 at $11 \frac { 1 } { 2 } \%$ interest, for 284 days.
A) $575.00
B) $394.44
C) $447.40
D) $453.61

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The Answer of Using the ordinary interest method, find the amount of interest on a loan of $5,000 at $11 \frac { 1 } { 2 } \%$ interest, for 284 days.
A) $575.00
B) $394.44
C) $447.40
D) $453.61

Using the Ordinary Interest Method, Find the Amount of Interest 1112%11 \frac { 1 } { 2 } \%1121​%

Using the Ordinary Interest Method, Find the Amount of Interest $11 \frac { 1 } { 2 } \%$