princejad princejad
  • 17-12-2018
  • Mathematics
contestada

Lane borrowed $1200 for a new drum set. She will be paying 6.5% in simple interest over the next 2 years. What is the total amount of interest she will be paying on the loan? Show Work

Respuesta :

knightkita95 knightkita95
  • 17-12-2018

Answer:


Steplo-by-step explanation:loan is 1200.

The interest rate is 6.50

Pp 46.90

Cumulative payment $53.4

Total payments$1,282.93


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