Answer:
96.58
Step-by-step explanation:
The formula for simple interest is ...
I = Prt
where P is the principal, r is the rate, and t is the time period in years.
Exact interest is computed using 365 days per year, so the time period is ...
t = 150/365
Then the interest is ...
I = 2350(0.10)(150/365) = 96.58
