Find the interest on a loan of $2500 that is borrowed at 9% for 18 months.

asked Jan 8, 2021 217k views

2 votes

by Oran

5.0k points

Please log in or register to add a comment.

6 votes

Answer:

$338.50

Explanation:

Simple interest would be i = ($2500)(0.09)(1.5 yrs) = $338.50

Nishchit answered Jan 13, 2021

4.8k points

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

5.9m questions

7.8m answers