SOLUTION: you borrow $6000 for 2 years at 9%. what is the simple interest?
Algebra.Com
Question 607670: you borrow $6000 for 2 years at 9%. what is the simple interest?
Answer by rfer(16322) (Show Source): You can put this solution on YOUR website!
I=Prt
I=6000*0.09*2
I=$1080
RELATED QUESTIONS
If you borrow some money for 2 years at 6% simple interest and paid back $3640 how much... (answered by lynnlo)
Michelle borrows a total of $6000 in student loans from two lenders. One charges 3.2%... (answered by ikleyn)
THE SIMPLE INTEREST. I ON A PRINCIPAL OF P DOLLARS AT INTEREST RATE R FOR TIME T, IN... (answered by checkley71)
THE SIMPLE I ON A PRINCIPAL OF P DOLLARS AT INTEREST RATE R FOR TIME T, IN YEARS, IS... (answered by stanbon)
Find the simple interest on a principal
of $6000 at 3% for 2 years. (Hint: 3%... (answered by 303795)
If simple interest on $6000 for 3.5 years is $945, find the simple interest on $5000 for... (answered by stanbon,andkon)
The simple interest "I" on a principal of "P" dollars at interest rate "r" for time "t",... (answered by rcmcc)
What is the simple interest earned on $700 invested at 5% annual interest for 2... (answered by rfer)
$6000 is deposite at an interest rate of 6%p.a for 30years what is the simple interast... (answered by mananth)