Ana borrowed $1925 from Sandy on March 18, 2019 and agreed to pay it back with...
- Ana borrowed $1925 from Sandy on March 18, 2019 and agreed to pay it back with simple interest at the rate of 11.5% on September 3, 2019. How much interest did she owe on the due date?
Homework Answers
The no of days between March 18 to September 3 = 169days
Interest = 1925 * 11.5% * 169/365
= 102.50
Comment if you face any issues
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