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kumpel [21]
3 years ago
12

Juanita borrowed $600 to purchase a new computer. She was charged 7% interest for two years. How much interest will Juanita pay?

Mathematics
2 answers:
motikmotik3 years ago
4 0
I=prt. I=600(.07)(2). I=42(2). I=84. Juanita will pay $84 interest :)
Natasha_Volkova [10]3 years ago
3 0

Answer:

Juanita will pay $84 interest .

Step-by-step explanation:

Given :

Principal = $600

Interest = 7%

Time = 2 years

To Find : How much interest will Juanita pay?

Solution:

Formula : SI = \frac{P \times R \times T}{100}

SI = \frac{600 \times 7 \times 2}{100}

SI = 84

Hence Juanita will pay $84 interest .

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