Asked by Julie

Find the simple interest on a loan of $100 at an interest rate of 2% for 7 years.

15 years ago

Answered by Ms. Sue

100 * 0.02 * 7 = ?

15 years ago

Answered by Ms. Sue

PRT = I

15 years ago

Answered by Natatlie

is the answer 14?

15 years ago

Answered by Ms. Sue

Yes.

15 years ago

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