3 years ago

Steve borrowed $2000 at 8% annual interest for 6 months. How much interest did he pay? Steve paid ? in interest.

Mathematics

1 answer:

Novosadov [1.4K]3 years ago

4 0

Answer:

I = (2,000) (0.08) (6)

I = (160) (6)

Steve pays $960 in interest

Step-by-step explanation:

I completed the quiz :)

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Steve borrowed $2000 at 8% annual interest for 6 months. How much interest did he pay? Steve paid ? in interest.​

Steve borrowed $2000 at 8% annual interest for 6 months. How much interest did he pay? Steve paid ? in interest.