Asked by MannyThomas
Find the amount of interest due on the following simple interest loans. SHOW WORK!.
1. $4,200 at 12% for 2 yr.
2. $850 at 9% for 6 mo.
3. $4,000 at 15% for 3 yr.
4. $6,250 at 10% for 18 mo.
5. $10,000 at 8.5% for 4 yr.
6. $5,000 at 9% for 2 yr.
1. $4,200 at 12% for 2 yr.
2. $850 at 9% for 6 mo.
3. $4,000 at 15% for 3 yr.
4. $6,250 at 10% for 18 mo.
5. $10,000 at 8.5% for 4 yr.
6. $5,000 at 9% for 2 yr.
Answers
Answered by
oobleck
i = Prt
so plug and chug
so plug and chug