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  3. compute (a) the ordinary interest, (b) the exact i

Compute (a) the ordinary interest, (b) the exact interest, and (c) their difference. If required,...

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Accounting

Compute (a) the ordinary interest, (b) the exact interest, and (c) their difference. If required, round answers to the nearest cent.

Principal, Rate, and Time: $3,650 at 8% for 75 days

a. Compute the ordinary interest $

b. Compute the exact interest $

c. Compute their difference $

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