You get a $3,000 loan at 9% interest for 120 days. the lender uses a 365-day year. how much will you owe on the maturity date?

First step you have to is first your interest rate of the first one which is 130.8 all I did was covert 9% into a decimal which is .09 then I multiply it by 120 which was 10.8 then I added that by 120 after that you will add 365 by 120 which is 485 and you do all the steps I told you which will give you 528.65

What are you supposed to do here