On May 23, Samantha Best borrowed $40,000 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?

Answer 1

I = PRT

I = 40,000 * 0.13 * 0.4384

I = ?

Answer 2

2279.68

Answer 3

Right.

Answer 4

thanks

Answer 5

You're welcome.