SOLUTION: What interest will you pay on a $8100 loan for 1 year if the interest rate is 15%?

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Question 15679: What interest will you pay on a $8100 loan for 1 year if the interest rate is 15%?

Answer by rapaljer(4671) About Me  (Show Source):
You can put this solution on YOUR website!
I = PRT
I = $8100(.15)(1)=$1215

Does that make you not want to borrow money??? Better to be the lender, right??

R^2 at SCC