Bill takes a loan of $9,000.00 at a 8% simple interest rate for 6 years.

a. How much interest will he pay after 2 years?
b. How much interest will he pay in total for the loan?
A$720.00; $3,600.00
B$1,408.00; $4,224.00
C$36,000.00; $12,000.00
D$1,440.00; $4,320.00

2 answers

(a) 2*8% = 16% = 0.16 * 9000 = 1440
Looks like D, but work (b) to be sure
why don't you just tell us the answer