Shamari takes out a loan for $10,500, at 8.5% exact interest. if the amount of interest is $858.03, what is the time period of the loan? (round any fraction to the next higher day)

The answer is that the time period of the loan is 351 days.

Shamari takes out a loan = $10,500,

at 8.5% exact interest

If the amount of interest is = $858.03,

858.03 = 10,500 x. 085 x x/365

858.03 = 892.50 x x/365

858.03/892.50 = x/365

0.961378 = x/365

x = 0.961378 x 365

x = 350.9,

rounded is 351