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Which of the following is the simple interest paid on a loan of $354 at 6% for six months? $12.74 $12.47 $10.26 $10.62

Which of the following is the simple interest paid on a loan of $354 at 6% for six months? $12.74 $12.47 $10.26 $10.62
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Which of the following is the simple interest paid on a loan of $354 at 6% for six months?

$12.74


$12.47


$10.26


$10.62

User Marshalyn
by
7.2k points

1 Answer

3 votes

Answer:

12.47 is the correct answer

User Doug Glancy
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