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Eugene borrows $250 at a 4% annual interest rate. If he does not make any payments, how much simple interest will he owe in 18 months?

Eugene borrows $250 at a 4% annual interest rate. If he does not make any payments, how much simple interest will he owe in 18 months?
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Eugene borrows $250 at a 4% annual interest rate. If he does not make any payments, how much simple interest will he owe in 18 months?

User Kindofgreat
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1 Answer

2 votes
Answer: He will owe 258.47
User Muhihsan
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8.4k points
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