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Calculate the interest amount for a loan of $800 at 4.25% simple interest for 6 years. (Pleaseeee I have an F in math)
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Calculate the interest amount for a loan of $800 at 4.25% simple interest for 6 years.

(Pleaseeee I have an F in math)

User Nick Dima
by
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1 Answer

5 votes

Answer:

I= PRT/100

= 800 X 4.25 X 6 /100

= 20400/100

I=204

Interest amount: $204

User Tbert
by
7.0k points
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