3 years ago

Margo borrows $600, agreeing to pay it back with 4% annual interest after 18 months. How much interest will she pay?

Mathematics

1 answer:

Nastasia [14]3 years ago

3 0

To find the simple interest, we multiply 600 × 0.04 × 1.5 to get that:

The interest is: $36.00

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