a4venkalyasmalls a4venkalyasmalls
  • 01-01-2017
  • Mathematics
contestada

What is the simple interest for 1 year on a loan of $2000 at 9% interest?

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emilyyyyyyy
emilyyyyyyy emilyyyyyyy
  • 01-01-2017
2000x1.09%=2180
1.09 is 100% + 9 % which totals the interest
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Please help me out with this Thank you! For question 2, i think its 2000 but correct me if I'm wrong.