150,171 views
16 votes
16 votes
What amount of Interest will be charged on $6500 borrowed for 5 months at a simple

Interest rate of 6%

User ShaTin
by
2.4k points

1 Answer

21 votes
21 votes

Answer:

162.50

Explanation:

6500 * 5/12 * .06 =

User Jared Farrish
by
2.3k points