Register

Find the simple interest Mark owes on a four-year student loan of $36,000 with an annual interest rate of 6%.

Find the simple interest Mark owes on a four-year student loan of $36,000 with an annual interest rate of 6%.
71.0k views
0 votes
Find the simple interest Mark owes on a four-year student loan of $36,000 with an annual interest rate of 6%.

User ImHuntingWabbits
by
7.2k points

1 Answer

7 votes
I = PRT
I = (36,000)(.06)(4)
I = 8640
User Nick Chapsas
by
7.4k points
← Prev Question Next Question →

No related questions found

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

Categories

Other Questions

How do you can you solve this problem 37 + y = 87; y =
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?
Link Copied!