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Helga [31]
3 years ago
10

HHHHHHEEEEEELLLLLLPPPPPP

Mathematics
2 answers:
earnstyle [38]3 years ago
3 0
When someone lends money to someone else, the borrower usually pays a fee to the lender. This fee is called 'interest'. 'Simple' interest, or 'flat rate' interest. The amount of simple interest paid each year is a fixed percentage of the amount borrowed or lent at the start. <span>Interest = Principal × Rate  ×  Time</span>
timama [110]3 years ago
3 0
Take the amount of the loan times it by the percentage to get the interest then add it to the amount of the loan. I believe that is correct
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