boastymac
boastymac boastymac
  • 18-08-2020
  • Mathematics
contestada

Calculate 12% simple interest to be paid on a loan of $2000 repaid in 1 1/2 year?

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hilina227
hilina227 hilina227
  • 19-08-2020

Answer:$360

Step-by-step explanation:

I=PRT

I=12/100×2000×1.5

I=24×1.5

I=$360

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Miajijon1123
Miajijon1123 Miajijon1123
  • 19-08-2020
The answer is $360
Hope this helps !
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