$720 borrowed on January 9, 2014, was repaid with interest at an annual rate of 7% on July 1, 2014.
What was the amount of interest? (Round your answer to 2 decimal places.)
count the days
Interest = 720(.07)(days/365)
=
What was the amount of interest? (Round your answer to 2 decimal places.)
Interest = 720(.07)(days/365)
=