document.write( "Question 1175459: how much interest is charged when 50,000 is borrowed for 2 years at an annual interest of 6%?
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Algebra.Com's Answer #801095 by ikleyn(52781)![]() ![]() You can put this solution on YOUR website! .\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "For simple interest rate of 6%, the interest for 2 years is\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " I = 50000*0.06*2 = 6000 units. ANSWER \n" ); document.write( "\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " |