SOLUTION: Margo borrows $200, agreeing to pay it back with 2% annual interest after 18 months. How much interest will she pay? Round your answer to the nearest cent, if necessary.

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Question 913377: Margo borrows $200, agreeing to pay it back with 2% annual interest after 18 months. How much interest will she pay?
Round your answer to the nearest cent, if necessary.
Answer by rfer(16322) About Me  (Show Source):
You can put this solution on YOUR website!
I=Prt
I=200*0.02*1.5
I=6