Pace Co.borrowed $25,000 at a rate of 7.25%,simple interest,with interest paid at the end of each month.The bank uses a 360-day year.How much interest would Pace have to pay in a 30-day month?
A)$136.32
B)$143.49
C)$151.04
D)$158.59

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The Answer of Pace Co.borrowed $25,000 at a rate of 7.25%,simple interest,with interest paid at the end of each month.The bank uses a 360-day year.How much interest would Pace have to pay in a 30-day month?
A)$136.32
B)$143.49
C)$151.04
D)$158.59

Pace CoBorrowed $25,000 at a Rate of 7