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Find the total cost of a sofa if the ticket price was $950 and the furniture store set up a simple intrest loan for 2 years with an intrest rate of 6.5%

Find the total cost of a sofa if the ticket price was $950 and the furniture store set up a simple intrest loan for 2 years with an intrest rate of 6.5%
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find the total cost of a sofa if the ticket price was $950 and the furniture store set up a simple intrest loan for 2 years with an intrest rate of 6.5%

User Mathieu Longtin
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1 Answer

1 vote
6.5% of 950 is 61.75$ so in two years it will cost 1011.75
User Nisse
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