Question

CORRECT ANSWER WITH EXPLANATION WILL GIVE BRAINLIEST!!!


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

A. $5.92

B. $5.95

C. $6.00

D. $6.36

Answer 1

Answer:

A

Step-by-step explanation:

The exact interest for $600 at 8% for 45 days is $5.92 $600*.08*45/365 = $5.92

Answer 2

Answer:

The answer is C

Step-by-step explanation:

Use the formula a I = P + r x t

Which means Interest equals Price plus Rate times Time.

So the formula is 600 x 0.08 x 45 ÷ 360.

The answer is $6.00