aubreyprice56 aubreyprice56

08-05-2017
Mathematics

contestada

You plan to borrow $625 for 2 years at 10% simple interest.
How much interest will you pay on the loan?

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Aliwohaish12 Aliwohaish12

08-05-2017

Total interest=principle×interest rate×time
Total interest=625×0.10×2=125

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