Use exact interest. Round to nearest cent:
$$\begin{array} { | l | l | l | l | l | l | l | }
\hline & & \text { Date } & \text { Date } & & \text { Simple } & \text { Amount } \
\text { Principal } & \text { Interest Rate } & \text { Borrowed } & \text { Repaid } & \text { Time } & \text { Interest } & \text { Paid Back } \
\hline \$ 15,000 & 12 \% & \text { May 12 } & \text { Sept 16 } & \text { A } & \text { B } & \text { C } \
\hline
\end{array}$$

Question

Use exact interest. Round to nearest cent:
 $$\begin{array} { | l | l | l | l | l | l | l | } 
\hline & & \text { Date } & \text { Date } & & \text { Simple } & \text { Amount } \
\text { Principal } & \text { Interest Rate } & \text { Borrowed } & \text { Repaid } & \text { Time } & \text { Interest } & \text { Paid Back } \
\hline \$ 15,000 & 12 \% & \text { May 12 } & \text { Sept 16 } & \text { A } & \text { B } & \text { C } \
\hline
\end{array}$$

Quizplus · Accepted Answer

The Answer of Use exact interest. Round to nearest cent:
 $$\begin{array} { | l | l | l | l | l | l | l | } 
\hline & & \text { Date } & \text { Date } & & \text { Simple } & \text { Amount } \
\text { Principal } & \text { Interest Rate } & \text { Borrowed } & \text { Repaid } & \text { Time } & \text { Interest } & \text { Paid Back } \
\hline \$ 15,000 & 12 \% & \text { May 12 } & \text { Sept 16 } & \text { A } & \text { B } & \text { C } \
\hline
\end{array}$$

Use Exact Interest