hawalugundi12 hawalugundi12
  • 15-09-2020
  • Mathematics
contestada

What is the simple interest for a loan with a $600 principal, 10% annual rate and a 2-year time period?

Respuesta :

shawkinafea
shawkinafea shawkinafea
  • 15-09-2020

Answer:

the interest is 120

Step-by-step explanation:

600*10%= 60

60*2 for the years

the answer is 120

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