Question

Sarah starts a jewelry making business. she borrows the money for the supplies to start. she borrows $1,500.00 for 2 years at a simple interest rate
of 12 percent. at the end of the 2 years, how much interest would be paid?
o $360.00
o $600.00
$300.00
o $240.00

Answer 1

Answer:

$260

Step-by-step explanation:

($1500×.12×2)=$360