SOLUTION: 10. Find the exact interest for $600 at 8% for 45 days. (Round to the nearest cent.)

SOLUTION: 10. Find the exact interest for $600 at 8% for 45 days. (Round to the nearest cent.)

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Question 857861: 10. Find the exact interest for $600 at 8% for 45 days. (Round to the nearest cent.)

Answer by rvfer(117) (Show Source): You can put this solution on YOUR website!
I=Prt
I=600*0.08*45/365
I=$5.92
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