Calculate the simple interest on a loan of $9000 at an interest rate of 8% for 6 years? PLEASE HELP MEEE
2 answers:
Answer:
4320
Step-by-step explanation:
Answer:
Step-by-step explanation:
Rate = 8% = 8 / 100 = 0.08
Time (t) = 6 years
principal (P ) = 9000
i = P *r * t
i = 9000 * 0.08 + 6
i = 9000 * 0.48
i = 4320
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