What is the difference between the exact simple interest and the ordinary simple interest on a 200-day loan of $5,000 at 12%?
A) $15.65
B) $14.16
C) $6.56
D) $4.56

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The Answer of What is the difference between the exact simple interest and the ordinary simple interest on a 200-day loan of $5,000 at 12%?
A) $15.65
B) $14.16
C) $6.56
D) $4.56

What Is the Difference Between the Exact Simple Interest and the Ordinary