On October 10, Blake Redman borrowed $2,600 from his credit union at 12% for 120 days. The credit union uses the ordinary interest method. What is the amount of interest on the loan? (Round to the nearest cent)

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The Answer of On October 10, Blake Redman borrowed $2,600 from his credit union at 12% for 120 days. The credit union uses the ordinary interest method. What is the amount of interest on the loan? (Round to the nearest cent)

On October 10, Blake Redman Borrowed $2,600 from His Credit