Question

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?
Ms. Sue
I = 1920 * 0.08 * 0.369

I = $56.68

56.68 + 1920 = 1976.68
Renae
Okay that was my first thank you
Ms. Sue
You're welcome.