Interest be I
If interest is daily
If interest is monthly (30days)
Answer:
$ 1.20
Step-by-step explanation:
[tex]\sf Time = 10 \ days = \dfrac{10}{365}=\dfrac{2}{73}[/tex]
[tex]Interest = Principal * time *rate\\\\\\=470*\dfrac{2}{73}*\dfrac{9}{100}\\\\= 1.20[/tex]
= $ 1.20