Answered

IDNLearn.com offers a user-friendly platform for finding and sharing knowledge. Find the answers you need quickly and accurately with help from our knowledgeable and experienced experts.

If you borrowed​ $8,700 at​ 6% for one​ year, what would your total interest be if you are charged simple​ interest?

Sagot :

Musiclover10045idn

Multiply the amount borrowed by the interest rate:


8,700 x 0.06 = 522


Answer: $522

Your engagement is important to us. Keep sharing your knowledge and experiences. Let's create a learning environment that is both enjoyable and beneficial. IDNLearn.com has the solutions you’re looking for. Thanks for visiting, and see you next time for more reliable information.