Ali obtains a loan for home renovations from a bank that charges simple interest at an annual rate of 3.6%. His loan is for $14,300 for 78 days. Assume each day is 1365 of a year. Answer each part below.  round your final answers to the nearest cent. (a) Find the interest that will be owed after 78 days.     $ (b) Assuming Ali doesn't make any payments, find the amount owed after 78 days.     $

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