Respuesta :
- Principle=P=470
- Time=T=10
- Rate =R=R=9%
Interest be I
If interest is daily
- I=PRT/100
- I=470(10)(9)/100
- I=4230/10
- I=423$
If interest is monthly (30days)
- I=(470)(1/3)(9)/100
- I=470(3)/100
- I=1410/100
- I=14.10$
Answer:
$ 1.20
Step-by-step explanation:
[tex]\sf Time = 10 \ days = \dfrac{10}{365}=\dfrac{2}{73}[/tex]
[tex]Interest = Principal * time *rate\\\\\\=470*\dfrac{2}{73}*\dfrac{9}{100}\\\\= 1.20[/tex]
= $ 1.20