Register
Nate borrowed $400 to pay for car repairs. If he agreed to repay the loan at simple annual interest rate of 6%, how much interest will he owe at the end of 2 years? please help!!
4.9k views
2 votes
Nate borrowed $400 to pay for car repairs. If he agreed to repay the loan at simple annual interest rate of 6%, how much interest will he owe at the end of 2 years?

please help!!

User Martin De Simone
by
8.5k points

2 Answers

2 votes

Answer:

D 48

Explanation:

Just took the test

User Eme Eme
by
8.3k points
3 votes

He will owe $48 in interest.

User TroYman
by
8.5k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.1m answers

Other Questions

How do you can you solve this problem 37 + y = 87; y =
What is .725 as a fraction
How do you estimate of 4 5/8 X 1/3
A bathtub is being filled with water. After 3 minutes 4/5 of the tub is full. Assuming the rate is constant, how much longer will it take to fill the tub?
i have a field 60m long and 110 wide going to be paved i ordered 660000000cm cubed of cement  how thick must the cement be to cover field
Link Copied!