posted by Renae

Compute the total amount to be repaidon a \$1920 loan at 8% for 135 days. Base your calculation on exact interest(365-day year).

I'm getting \$2335.29.
Can you check my work?

1. Ms. Sue

I = 1920 * 0.08 * 0.369

I = \$56.68

56.68 + 1920 = 1976.68

2. Renae

Okay that was my first thank you

3. Ms. Sue

You're welcome.

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