2 years ago

How much interest would be paid in 1 year for a loan of $3600 at 8 1/2% simple interest?

Mathematics

2 answers:

Alex787 [66]2 years ago

7 0

3600 * 1 * 0.085 = 306

answer: interest would be $306

DIA [1.3K]2 years ago

7 0

306 because 3600×.085 is 306.

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