Solve the problem.
-Cara has a loan from her credit union at a rate of $9 \%$ for which her payments are $\$ 185$ per month. The interest is computed on a daily basis on the unpaid balance of the loan. If the loan balance after her last payment was $\$ 2411$ and Cara makes her next payment 30 days later, how much of the payment is paid toward interest?
A) $\$ 17.83$
B) $\$ 5.94$
C) $\$ 59.45$
D) $\$ 41.63$

Question

Quizplus · Accepted Answer

The interest for 30 days is calculated as $(2411 \times 0.09 \times \frac{30}{365})$, which equals approximately $\$ 17.83$.

Solve the Problem 9%9 \%9% For Which Her Payments Are $185\$ 185$185

Solve the Problem $9 \%$ For Which Her Payments Are $\$ 185$