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Laura borrowed $1,990 at 5% for 2 years. what was the total interest?

Laura borrowed $1,990 at 5% for 2 years. what was the total interest?
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3 votes
Laura borrowed $1,990 at 5% for 2 years. what was the total interest?

User Sabine
by
7.9k points

1 Answer

2 votes

Answer:

$199

Explanation:

I = Prt

I = (1990)(0.05)(2)

I = 199

User Shoaly
by
7.8k points
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