Answer:
$4,045.09
Explanation:
Interest formula is I = Prt/100
where P = principal
r = interest rate (in percent)
t = number of time periods
Here we have P = 3880
interest = 67.5% per year.
First convert this to interest rate to a daily interest rate
67.5% per year = 67.5 /365 = 0.185 (assuming 365 days a year)
r = 0.185% per day
t = 23 days
I = 3880 x 0.185 x 23 /100 = $165.09
Total amount to pay back = 3880 + 165.09 = $4,045.09