Answer:
C). $3523.83
Step-by-step explanation:
loan of principles p= $9,300,
at rate R= 12 1 /8 % interest
Rate R = 12.125%
for duration year T = 37.5 months
T= 37.5/12 = 3.125 years
Interest I=PRT/100
Interest I =( 9300*12.125*3.125)/100
Interest I = (352382.8125)/100
Interest I = 3523.83
Interest I= $3523.83