You borrowed $4500.00 at 9.5% for 6 years, what amount would you pay in interest?

1 answer:

Arada [10]3 years ago

5 0

Answer:

simple interest: I = P × r × t

I = 4500 × 9.5% × 6 = 2565

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You borrowed $4500.00 at 9.5% for 6 years, what amount would you pay in interest? ​