Find the simple interest on a loan of $9,000 at 7.6% interest for 9 months. Anyone know the answer ?? Only answer if you know, any other answers will be reported !

Question

asked Aug 26, 2023 211k views

1 Answer

Donkarnash · Answer 1 · 2023-09-01T10:03:17+0000

Answer:

P= RS. 9000

R=7.6%

T= 9 months

Simple Interest (SI}=?

By using formula,

SI= PTR/100

= 9000* 7.6* 9/ 100* 12

= 615600/1200

= 513