3.9k views
0 votes
Using the formula, I=PRT, calculate the interest earned on a 4-year loan of

$350 at a rate of 5%.
A.$17.50
B.$350
C.$70
D.$1400

User Jack Gore
by
9.7k points

1 Answer

3 votes
Option c is your answer
User Glyn Jackson
by
8.0k points
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories