Find the simple interest. Assume a 360-day year.
\[
\$ 5170.13 \text { at } 7.2 \% \text { for } 83 \text { days }
\]
The simple interest is $\$$
(Round to the nearest cent as needed.)
Answer
Final Answer: The simple interest is \(\boxed{\$85.82}\)
Step 1 ：Given the principal amount (P) is $5170.13, the annual interest rate (R) is 7.2% or 0.072 in decimal form, and the time (T) is 83 days or approximately 0.2306 years (assuming a 360-day year).
Step 2 ：We can find the simple interest (I) using the formula: \(I = PRT\)
Step 3 ：Substituting the given values into the formula, we get: \(I = 5170.13 \times 0.072 \times 0.2306\)
Step 4 ：Calculating the above expression, we find that the simple interest is approximately $85.82
Step 5 ：Final Answer: The simple interest is \(\boxed{\$85.82}\)
