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If you borrow $1,700 at 7% simple interest for one year, how much interest will you pay? A. $1819 B. $119 C. $7.00 D. $120

If you borrow $1,700 at 7% simple interest for one year, how much interest will you pay? A. $1819 B. $119 C. $7.00 D. $120
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3 votes
If you borrow $1,700 at 7% simple interest for one year, how much interest will you pay?

A. $1819
B. $119
C. $7.00
D. $120

User Woany
by
8.4k points

1 Answer

3 votes
The answer is b. 1700 times 0.07 is 119.
User Jeremy Savage
by
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User Vmb
asked Feb 28, 2018 156k views
If you borrow $1,700 at 7% simple interest, how much interest will you pay? a. $119 b. $120 c. $7.00 d. $1819
Vmb asked Feb 28, 2018
by Vmb
8.3k points
2 answers
3 votes
156k views
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