Question

Chris has a loan for $4200 at a rate of 8% annually. if the interest is not compounded , how much interest will he pay he pay in 6 years?


a) $201.60

b) $336.00

c) $2016.00

d) $6216.00

Answer 1

I=4,200×0.08×6
I=2,016

Answer 2

Answer:

$2016.00

Step-by-step explanation:

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