Mr.Harrison borrows $600 to pay for a new phone. The simple interest on the loan is 9% for one year. What is the total amount Mr
2 answers:
Answer:
$ 654
Step-by-step explanation:
Mr Harrison borrows money to buy a new phone = $ 600
Simple interest on amount to be paid for 1 year =9%
Time amount to be paid= 1 year
Simple Interest=
Simple Interest=600××1
Simple Interest= $54
Total Amount to be paid= 600 + 54
Total Amount = $655
Hence $ 654 is correct answer
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