business math
Compute the total amount to be repaidon a $1920 loan at 8% for 135 days. Base your calculation on exact interest(365day year).
I'm getting $2335.29.
Can you check my work?
asked by
Renae

I = 1920 * 0.08 * 0.369
I = $56.68
56.68 + 1920 = 1976.68posted by Ms. Sue

Okay that was my first thank you
posted by Renae

You're welcome.
posted by Ms. Sue
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