$1500 at 9% for 2 years

Mathematics

1 answer:

kotykmax [81]3 years ago

8 0

Answer:$270

Step-by-step explanation:

I=PRT

Interest=principal times rate times time

Principal=1500

Rate=9%=0.09

Time=2

I=1500 times 0.09 times 2

I=1500 times 0.18

I=270

Interest=270

Total is 1500+270=1770 total paid

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