elizabeth871 elizabeth871
  • 17-04-2020
  • Mathematics
contestada

What is the simple
interest for a loan of $50
for 2 years at an interest
rate of 6 percent?

Respuesta :

shaydenspivey shaydenspivey
  • 21-04-2020

Answer:

3 dollars a year and you will have 6 dollars toward the loan at the end of the year.

Step-by-step explanation:

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