3 years ago

Gerald borrowed $750 at 7% simple interest to be paid back in 2 years. How much interest will he pay?

Mathematics

1 answer:

Lisa [10]3 years ago

5 0

Answer:

$105 interest

Step-by-step explanation:

$S.I=\frac{PRT}{100}$

$S.I= \frac{750*7*2}{100}$

Interest = $105

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