9. Whirlwind Inc recently borrowed $250,000 from First Bank. At that time, the prime rate was 4%. It was a 90-day loan with interest to be paid at the end of the period with a rate that was prime plus...

9.    Whirlwind Inc recently borrowed $250,000 from First Bank. At that time, the prime rate was 4%. It was a 90-day loan with interest to be paid at the end of the period with a rate that was prime plus 1.5%.  (Assume a 365 day year.)

       What is the total interest paid on this loan?