lysssof lysssof

28-06-2018
Mathematics

contestada

how much simple interest will be paid on $600.00 loan for 1 year of the interest rate is 7%?

how much simple interest will be paid on 60000 loan for 1 year of the interest rate is 7 class=

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xjayde28x xjayde28x

28-06-2018

Using the equation I = Prt
P = 600
r = 7% = 0.07
t = 1
600* 0.07 * 1 = 42
A is your answer

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annaelizabeth2017 annaelizabeth2017

28-06-2018

I believe it's A.

Hope this helps!

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