SOLUTION: If linda borrowed $2,100 from her bank at 9% simple interest per annum for two years 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 total amount to be repaid

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Question 1147544: If linda borrowed $2,100 from her bank at 9% simple interest per annum for two years what is the total amount to be repaid
Answer by ikleyn(52767) (Show Source): You can put this solution on YOUR website!
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the total amount to be repaid = 2100*(1 + 0.09*2) = 2478 dollars.

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