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Eva8 [605]
3 years ago
15

simple interest = P × r × t Dave has a three–year college loan for $10,000. The lender charges a simple interest rate of 6 perce

nt. How much interest will he have to pay? $600 $1,800 $900 NextReset
Mathematics
2 answers:
Zina [86]3 years ago
5 0
I = PRT
P = 10,000
R = 6%...= 0.06...u have to put it in decimal form
T = 3

I = (10,000)(0.06)(3)
I = $ 1800 <=== this is the interest that Dave has to pay
Natali [406]3 years ago
5 0

Answer:

$1,800

Step-by-step explanation:

600 per year doing it for 3 years ....Edmentum

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