Azul borrowed $4,200 from Hannah on November 3, 2011. Their agreement required Azul to pay back the loan on April 14, 2012, with 8% simple interest. In addition to the principal, how much interest does Azul owe Hannah on April 14?
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November has 30 - 3 = 27 days left after November 3. December has 31 days. January has 31 days. February has 29 days (since 2012 is a leap year). March has 31 days. April has 14 days up to April 14. So, the total number of days is 27 + 31 + 31 + 29 + 31 + 14 = Show more…
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