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Find the simple interest paid on a loan of $750 with an 18% rate over 2 years.
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Find the simple interest paid on a loan of $750 with an 18% rate over 2 years.

User Ajin Kabeer
by
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2 Answers

6 votes

Explanation:

hope u understand from this picture

Find the simple interest paid on a loan of $750 with an 18% rate over 2 years.-example-1
User Fiw
by
8.3k points
5 votes

Answer: $270

Explanation:

I = prt

I = 0.18 x 750 x 2

I = 135 X 2

I = 270

User Debop
by
6.8k points
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