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Mr.Harrison borrows $600 to pay for a new phone. The simple interest on the loan is 9% for one year. What is the total amount Mrs.Harrison will pay back. PLEASE HURRY, thank uuuuu :)

2 Answers

3 votes

Answer: the total amount Mrs. Harrison pay back will be, $654

Explanation:

User Pritish Joshi
by
4.3k points
3 votes

Answer:

$ 654

Explanation:

Mr Harrison borrows money to buy a new phone = $ 600

Simple interest on amount to be paid for 1 year =9%

Time amount to be paid= 1 year

Simple Interest=
(PRT)/(100)

Simple Interest=600×
(9)/(100)×1

Simple Interest= $54

Total Amount to be paid= 600 + 54

Total Amount = $655

Hence $ 654 is correct answer

User Kaveesh Kanwal
by
3.5k points