SOLUTION: I need to know the exact interest on a $5000.00 loan at 8% annually for 80 days?

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Question 794127: I need to know the exact interest on a $5000.00 loan at 8% annually for 80 days?
Answer by rfer(16322) About Me  (Show Source):
You can put this solution on YOUR website!
I=5000*0.08*80/365
I=$87.67