How do you calculate the dollar cost of a loan When the loan is 14500 for 20 days with an annual rate of 12?

How do you calculate the dollar cost of a loan When the loan is 14500 for 20 days with an annual rate of 12?
Dollar cost of loan = Amount borrowed x interest rate x (days loan is outstanding ? days in the year (360))14.500 * 12%*(20 / 360)= 96.67