asd233
Answered

Westonci.ca is your go-to source for answers, with a community ready to provide accurate and timely information. Explore thousands of questions and answers from knowledgeable experts in various fields on our Q&A platform. Connect with a community of professionals ready to provide precise solutions to your questions quickly and accurately.

How much simple interest will be due on a loan of $6000 at a 3.5% annual interest rate for one year?



A.
$210


B.
$350


C.
$2100


D.
$6210


Sagot :

1% would be £60
3% would be £180
0.5% would be £30
3.5% would be £210
103.5% would be £6210

Thank you for your visit. We are dedicated to helping you find the information you need, whenever you need it. We hope our answers were useful. Return anytime for more information and answers to any other questions you have. Get the answers you need at Westonci.ca. Stay informed by returning for our latest expert advice.