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Hector took out a small loan of $900 for 15 months. The simple interest rate on the loan was 15%. How much will he pay in interest on the loan?​

Hector took out a small loan of $900 for 15 months. The simple interest rate on the loan was 15%. How much will he pay in interest on the loan?​
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Hector took out a small loan of $900 for 15 months. The simple interest rate on the loan was 15%. How much will he pay in interest on the loan?​

User Grupo
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1 Answer

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So you have to find 15 percent of 900 which would be 135
User HorHAY
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