6% is 600x6/100 =36 per year. 3 years is 3x36 =108
The simple interest on a loan of 5 700 at 5.3 percent for 4.5 years is 1359.45.
Total simple interest = 2500*11/100*3 = 825
You already gave the simple interest - 9 percent. Rethink and ask your question again.
365$ give or take :)
The interest is 5 X 0.09 X 14500 = 6525.
The simple interest on a loan of 5 700 at 5.3 percent for 4.5 years is 1359.45.
$48
1359.45
Simple interest = 1000 * 5/100 * 3 = 150
Total simple interest = 2500*11/100*3 = 825
You already gave the simple interest - 9 percent. Rethink and ask your question again.
It is 240 currency units.
2,500.58 (A+)
1,773.60
365$ give or take :)
$150. 5% interest per $1000 is $50 per year. You had the loan 3 years- $50 x 3.
$150. 5% interest per $1000 is $50 per year. You had the loan 3 years- $50 x 3.