Simple interest 4

Find the simple interest if 7134 USD at 4.2% for 188 days. Assume a 360-day year.

Correct answer:

i =  156.47 USD

Step-by-step explanation:

r=4.2%=1004.2=0.042 q=360188=90470.5222 a=7134  i=a r q=7134 0.042 0.5222=156.47 USD

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