What is the simple interest for a $4900 loan at a 14% for 9 years

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asked Jan 18, 2021 43.0k views

1 vote

What is the simple interest for a $4900 loan at a 14% for 9 years

Mathematics
middle-school

Ronaldo Albertini asked

by Ronaldo Albertini

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2 Answers

4 votes

Answer:

6174

Explanation:

I= PRT

I=4900 x 0.14 x 9

I=6174

StefanHa answered Jan 20, 2021

by StefanHa

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6 votes

Answer:

$6174

Explanation:

What is the simple interest for a $4900 loan at a 14% for 9 years-example-1

Rytmis answered Jan 23, 2021

by Rytmis

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