SOLUTION: find the exact interst. use 365 days in a year, and use the exact number of days in a month. round to the nearest cent. 7940 at 14 1/2 percent for 66 days

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Question 293345: find the exact interst. use 365 days in a year, and use the exact number of days in a month. round to the nearest cent.
7940 at 14 1/2 percent for 66 days

Answer by ankor@dixie-net.com(22740)   (Show Source): You can put this solution on YOUR website!
7940 at 14 1/2 percent for 66 days
:
.145 * * 7940 = $208.18

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