Register
Calculate 12% simple interest to be paid on a loan of $2000 repaid in 1 1/2 year?
5.3k views
0 votes
Calculate 12% simple interest to be paid on a loan of $2000 repaid in 1 1/2 year?

User Laxer
by
7.0k points

2 Answers

7 votes
The answer is $360
Hope this helps !
User AntouanK
by
8.1k points
5 votes

Answer:$360

Explanation:

I=PRT

I=12/100×2000×1.5

I=24×1.5

I=$360

User Klind
by
8.8k points
← Prev Question Next Question →

Related questions

User Vigneshwaren
asked Feb 3, 2021 178k views
Calculate 12% simple interest to be paid on a loan of $2000 repaid in 1 1/2 year?
Vigneshwaren asked Feb 3, 2021
by Vigneshwaren
7.8k points
2 answers
4 votes
178k views
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.5m questions

12.2m answers

Other Questions

How do you can you solve this problem 37 + y = 87; y =
How do you estimate of 4 5/8 X 1/3
A bathtub is being filled with water. After 3 minutes 4/5 of the tub is full. Assuming the rate is constant, how much longer will it take to fill the tub?
i have a field 60m long and 110 wide going to be paved i ordered 660000000cm cubed of cement  how thick must the cement be to cover field
Write words to match the expression. 24- ( 6+3)
Link Copied!