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2 years ago

14

Sarah starts a Jewelry making business. She borrows the money for the supplies to start. She borrows $1,500.00 for 2 years at a

simple interest rate
of 12 percent. At the end of the 2 years, how much interest would be paid?
O $360.00
O $600.00
$300.00
O $240.00

1 answer:

LuckyWell [14K]2 years ago

3 0

O would be the answer, but I’m not sure why you have 3
(360.00 to be exact)

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