Abbie borrows $3,216 at a rate of 645% per year. How much simple interest will she owe if it takes 2 years to repay the loan? Round your answer to the nearest cent.

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asked Jun 28, 2022 46.8k views

15 votes

Abbie borrows $3,216 at a rate of 645% per year. How much simple interest will she owe if it takes 2 years to repay the loan? Round your answer to the nearest cent.

Mathematics
middle-school

Anders Cedronius asked

by Anders Cedronius

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1 Answer

8 votes

Answer: 499.0

Explanation:

Entity answered Jul 5, 2022

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