SOLUTION: Find the exact interest. Use 365 days in a year, and use the exact number of days in a month. Round to the nearest cent, if necessary. $2340 at 5.5% for 189 days

Algebra ->  Customizable Word Problem Solvers  -> Finance -> SOLUTION: Find the exact interest. Use 365 days in a year, and use the exact number of days in a month. Round to the nearest cent, if necessary. $2340 at 5.5% for 189 days      Log On

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Question 1084391: Find the exact interest. Use 365 days in a year, and use the exact number of days in a month. Round to the nearest cent, if necessary.
$2340 at 5.5% for 189 days

Answer by Alan3354(69443) About Me  (Show Source):
You can put this solution on YOUR website!
To use the exact # of days in a month, you have to specify what months, and the start date.