Carry the answer to two decimal places. An electrician borrows $2,750 at 9.7% interest rate per annum to purchase electrical supplies. If the loan is repaid in 15 months, how much is the interest?

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The Answer of Carry the answer to two decimal places. An electrician borrows $2,750 at 9.7% interest rate per annum to purchase electrical supplies. If the loan is repaid in 15 months, how much is the interest?

Carry the Answer to Two Decimal Places