SOLUTION: If Linda borrowed $2,100 from her bank at 9% simple interest per annum for two years what is the interest to be paid and what is the total amount to be repaid

SOLUTION: If Linda borrowed $2,100 from her bank at 9% simple interest per annum for two years what is the interest to be paid and what is the total amount to be repaid

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Question 1147543: If Linda borrowed $2,100 from her bank at 9% simple interest per annum for two years what is the interest to be paid and what is the total amount to be repaid
Answer by ikleyn(52776) (Show Source): You can put this solution on YOUR website!
.


the interest to be paid = 2100*0.09*2 dollars.


the total amount to be repaid = 2100 + 2100*0.09*2 dollars.

Use your calculator.

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