lilywinchester85 lilywinchester85
  • 08-01-2021
  • Mathematics
contestada

Find the total amount paid for the loan including the amount you borrowed. If you borrowed $6,000 at 12% annual simple interest for 2.5 years.

Answer value

Respuesta :

sangay89
sangay89 sangay89
  • 08-01-2021

Answer:

1800

Step-by-step explanation:

s.i=prt

p=6000

r=12%=0.12

t=2.5

prt=6000*0.12*2.5

=1800

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