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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
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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
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1 Answer

3 votes
The answer is b. 1700 times 0.07 is 119.
User Jeremy Savage
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