aguilarmarco854 aguilarmarco854
  • 09-03-2021
  • Mathematics
contestada

Raul borrows $600 at an interest rate of 8% per year for 4 years. How much simple interest will he have to pay?

Respuesta :

gavinMD
gavinMD gavinMD
  • 09-03-2021

__________________________________

A = P × i × n

= $600 × 8% × 4 Years

= $192

= $600 + $192

= $2,619

Raul Will Have To Pay $2,619

__________________________________

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