122k views
0 votes
Sarah starts a jewelry making business. she borrows the money for the supplies to start. she borrows $1,500.00 for 2 years at a simple interest rate

of 12 percent. at the end of the 2 years, how much interest would be paid?
o $360.00
o $600.00
$300.00
o $240.00

User Legendary
by
6.4k points

1 Answer

1 vote

Answer:

$260

Explanation:

($1500×.12×2)=$360

User Miguel Isla
by
7.0k points
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.