The interest based on the information given is $2564.
How to calculate the interest?
From the information given, the following can be deduced:
Principal = $36900
Time = 178 days
Rate = 14.25%
The simple interest will be:
= (PRT)/100
= (36900 × 14.25 × 178/365)/100
= $2564
Learn more about interest on:
brainly.com/question/26011426
#SPJ1
