ahanna82 ahanna82

19-06-2020
Mathematics

contestada

If you borrow $5.93 for nine years at an interest rate of 6%, how much interest will you pay?

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rseocharan rseocharan

19-06-2020

The answer is $3.20
By using the simple interest formula
Simple interest = principal x rate x time (years) all divided by 100

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vilmaecheverria58 vilmaecheverria58

19-06-2020

i believe the answer is 3.20

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