jamalrodeny jamalrodeny

15-06-2021
Mathematics

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Calculate the simple interest on a loan of $9000 at an interest rate of 8% for 6 years? PLEASE HELP MEEE

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jcherry99 jcherry99

15-06-2021

Answer:

Step-by-step explanation:

Rate = 8% = 8 / 100 = 0.08

Time (t) = 6 years

principal (P ) = 9000

i = P *r * t

i = 9000 * 0.08 + 6

i = 9000 * 0.48

i = 4320

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