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What is the correct combination of the daily interest rate for an APR of 8.99% and its interest charged on a $40,000 loan for a

What is the correct combination of the daily interest rate for an APR of 8.99% and its interest charged on a $40,000 loan for a billing period of 31 days? A rate=0.0276%, interest = $405.41 B rate=0.0276%, interest = $305.41 rate=0.0246%, interest = $405.41 rate= 0.0246%, interest = $305.41 Jhy
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What is the correct combination of the daily interest rate for an APR of 8.99% and its interest charged on a $40,000 loan for a billing period of 31 days? (A) rate =0.0276%, interest =$405,41 (B) rate =0.0276%, interest =$305.41 (C) rate =0.0246%, interest =$.405.41 (D) rate =0.0246%, interest =$305,41

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