Answer:
Total Interest Diane has to pay is $1,745
Step-by-step explanation:
Behind the Excel sheet
Total Number of Days:
It was the sum 2016 + 2017 + 3 months of 2018
19 + 365 + 31 + 28 + 4
Exact Intrest on Loan
the Borrowed Amount is multiplied by Exact Intrest Rate multiplied by Total Number of Days divided by Number of Days in a Year
$30,000 x 0.0475 x (447/365)
