Register
Student loan: A student takes out an emergency loan for tuition, books, and supplies. The loan is for $200 with an interest rate of 6%. How much interest does the student pay if the loan is paid back in
31.6k views
3 votes
Student loan: A student takes out an emergency loan for tuition, books, and supplies. The loan is for $200 with an interest rate of 6%. How much interest does the student pay if the loan is paid back in 60 days?

Can someone please help me with this i dont get it

User Gerrod
by
3.6k points

1 Answer

5 votes

Answer:

The answer is 120

Explanation:

User Usman Awan
by
4.3k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

4.6m questions

5.9m answers

Other Questions

The school that Micaela goes to is selling tickets to an annual dance competition. On the first day of ticket sales the school sold 7 senior citizen tickets and 8 student tickets for a total of $115. The
Help easy for you but not for me!
How many downloads did song 1 have at minute 3?
The Pythagorean Theorem is an equation that helps you to find the lengths of a right triangle. The legs are given as a and b while the hypotenuse is labeled in the theorem's formula: a2+b2=c2 If you know
GIVING 15 POINTS!!!!!!! Jose is going to the store to buy candles. Small candles cost $3 each and large candles cost $5 each. He needs to buy at least 25 candles, and he can spend no more than $120. Which
Link Copied!