Asked by seravyan

If I had borrowed 1500 for six months at 8.5% annual simple interest. How much I will have to repay at the end of six months period
Answered by Hi
I think it's $765.00. Not 100% sure though
Answered by Ms. Sue
Nope, Hi. You forgot to repay the principal.

I = PRT
I = 1500 * 0.085 * 0.5

Find the interest and add it to the principal.
Answered by Hi
Omg see, I knew I wasn't right lol
Answered by Ms. Sue
You're not helping anyone by posting wrong answers, Hi.
Answered by Hi
I no. I was thinking it might have been the right answer, but I wasn't 100% sure
Answered by Anonymous
know*
Answered by Hi
no*
Answered by lisa
1563.75
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