SOLUTION: Hannah borrowed $12,800 at a 4% interest rate for 6 years. What was the total interest?

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Question 814695: Hannah borrowed $12,800 at a 4% interest rate for 6 years. What was the total interest?
Answer by ewatrrr(24785) About Me  (Show Source):
You can put this solution on YOUR website!
 
Hi,
Hannah borrowed $12,800 at a 4% interest rate for 6 years.
Simple Interest: I = Prt = 12800%2A.04%2A6