3 years ago

If you borrow $5.93 for nine years at an interest rate of 6%, how much interest will you pay? In terms of simple interest.

Mathematics

2 answers:

lorasvet [3.4K]3 years ago

8 0

Answer: $3.20

Step-by-step explanation:

SI = p *r * t

= 5.93 * 0.06 * 9

= 3.20

Fittoniya [83]3 years ago

4 0

Answer:

$3.20

Step-by-step explanation:

Using Simple Interest = (principal) * (rate) * (time), we get:

= 5.93 * 0.06 * 9

= $3.20

Hope this helps!

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