Find the interest on the following loan. $5386 at 6%; loan made on August 11 and due December 16 The simple interest for this loan is $ (Round to the nearest cent as needed.)

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ISBN:9780470458365
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Find the interest on the following loan.
$5386 at 6%; loan made on August 11 and due December 16
The simple interest for this loan is $
(Round to the nearest cent as needed.)
Transcribed Image Text:Find the interest on the following loan. $5386 at 6%; loan made on August 11 and due December 16 The simple interest for this loan is $ (Round to the nearest cent as needed.)
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