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2 years ago

13

Rondel's parents borrow $5000 from the bank for a new car. The interest rate is 6% per year. How much simple interest will they

pay if they take 2 years to repay the loan?
$600.00
$500.00
$480.00
$540.00

1 answer:

sertanlavr [38]2 years ago

8 0

Answer:

600

Step-by-step explanation:

6 percent of 5000 is 300. 300x2=600.

Sorry if im wrong

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