3 years ago

Mary barrowed $11,000 at 5% simple interest for 4 years what was the total interest

Mathematics

2 answers:

goldfiish [28.3K]3 years ago

3 0

Marry will pay in one year
(11,000*5)/100=550 dollars
550*4(years)=2200 dollars in total

marshall27 [118]3 years ago

3 0

Mary will pay 2200 dollars in interest. 5% of 11000 = 550
550 x 4 = 2200

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