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If 1100 is borrowed for 2 years at 9 percent simple interest how much interest is paid?
Updated: 10/25/2022
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∙ 10y agoBest Answer
It is 1100*(2/100)*9 = 198
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∙ 10y agoThis answer is:
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What is the simple interest if a principal over 20 years equals the borrowed principal?
It is 5%.
How much is 5 years auto loan at 0.9 percent interest?
That would depend on the original principal (the amount you borrowed) and how they compute interest.
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What is the interest on R528 at 7 percent simple interest over 2 years?
7% simple annual interest over 2 years = 14% total interest.14% of R528 = R73.92 .
Ann borrowed 800 for 4 years The yearly interest was 16 percent How much interest did she owe after 4 years?
8 x 16 x 4 = 512
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