what is the interest and cost on a 6 month loan of $1,500 at13.2% simple annual intrest

Answer 1

I = PRT (Interest = Principal x Rate x Time)
13.2% = .132
6 mo = .5 yr

I = 1500 x .132 x .5
I = 198 x .5
I = 99

I don't know what you mean by cost?
Interest is a form of 'cost' for the loan.