math

On May 23, Samantha Best borrowed $4,000 from the Tri City Credit Union at 13% for 160 days. The credit union uses the exact interest method. What was the amount of interest on the loan?

  1. 1
asked by sophia
  1. I = PRT

    I = 4,000 * 0.13 * 0.4384

    posted by Ms. Sue
  2. $40,000 x 13% x 160 /365 = $2,279.45 the amount of interest on the loan?

    posted by Tee
  3. that is the wrong answer

    posted by Anonymous
  4. 4,000x.13x160/365= 227.95

    posted by Anonymous
  5. 4,000x.13x160/365= 227.95

    posted by sam

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