Use the exact interest method to find the rate of interest that Veldez Decks pays on a loan of $9,000 for 354 days, if the amount of interest is $489.50. (Round your answer to the nearest tenth percent)
A) 6.1%
B) 5.6%
C) 4.9%
D) 5.4%

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The Answer of Use the exact interest method to find the rate of interest that Veldez Decks pays on a loan of $9,000 for 354 days, if the amount of interest is $489.50. (Round your answer to the nearest tenth percent)
A) 6.1%
B) 5.6%
C) 4.9%
D) 5.4%

Use the Exact Interest Method to Find the Rate of Interest