menu
Qammunity.org
Login
Register
My account
Edit my Profile
Private messages
My favorites
You plan to borrow $625 for 2 years at 10% simple interest. How much interest will you pay on the loan?
Ask a Question
Questions
Unanswered
Tags
Categories
Ask a Question
You plan to borrow $625 for 2 years at 10% simple interest. How much interest will you pay on the loan?
asked
Feb 11, 2018
62.1k
views
2
votes
You plan to borrow $625 for 2 years at 10% simple interest.
How much interest will you pay on the loan?
Mathematics
high-school
Peter Ruderman
asked
by
Peter Ruderman
7.2k
points
answer
comment
share this
share
0 Comments
Please
log in
or
register
to add a comment.
Please
log in
or
register
to answer this question.
1
Answer
2
votes
Total interest=principle×interest rate×time
Total interest=625×0.10×2=125
Hillin
answered
Feb 15, 2018
by
Hillin
7.3k
points
ask related question
comment
share this
0 Comments
Please
log in
or
register
to add a comment.
← Prev Question
Next Question →
Related questions
asked
Jan 2, 2024
56.8k
views
If I paid $625 interest on $5000 that I borrowed at 5%, how many years did I borrow it? *Remember, I = P x R x T
Ahtartam
asked
Jan 2, 2024
by
Ahtartam
8.1k
points
Mathematics
high-school
1
answer
0
votes
56.8k
views
asked
Mar 25, 2024
102k
views
If I paid $625 interest on $5000 that I borrowed at 5%, how many years did I borrow it? *Remember, I = P x R x T help fast
Alex Berg
asked
Mar 25, 2024
by
Alex Berg
8.3k
points
Mathematics
high-school
1
answer
1
vote
102k
views
asked
Aug 24, 2018
126k
views
HELP You plan to borrow $625 for 2 years at 10% simple interest. How much interest will you pay on the loan? A. $6.25 B. $12.50 C. $62.50 D. $125.00
Abdelsalam Shahlol
asked
Aug 24, 2018
by
Abdelsalam Shahlol
8.0k
points
Mathematics
high-school
2
answers
3
votes
126k
views
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.
9.4m
questions
12.2m
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
Twitter
WhatsApp
Facebook
Reddit
LinkedIn
Email
Link Copied!
Copy
Search Qammunity.org