Respuesta :
In order to calculate the exact interest, we can use the formula below:
[tex]A=P\cdot r\cdot t[/tex]Where A is the amount of interest generated, P is the principal (initial amount), r is the rate and t is the time in years.
The exact interest considers 365 days, so let's convert 180 days to years:
[tex]\frac{180}{365}=0.49315\text{ years}[/tex]Now, calculating the interest, we have:
[tex]\begin{gathered} A=185000\cdot0.075\cdot0.49315 \\ A=6842.46 \end{gathered}[/tex]Therefore the exact interest is $6842.46.
