Find the best answers to your questions at Westonci.ca, where experts and enthusiasts provide accurate, reliable information. Get immediate and reliable solutions to your questions from a knowledgeable community of professionals on our platform. Join our Q&A platform to connect with experts dedicated to providing accurate answers to your questions in various fields.

Find the total amount paid for the loan including the amount you borrowed. If you borrowed $6,000 at 12% annual simple interest for 2.5 years.

Answer value


Sagot :

Answer:

1800

Step-by-step explanation:

s.i=prt

p=6000

r=12%=0.12

t=2.5

prt=6000*0.12*2.5

=1800

We appreciate your visit. Hopefully, the answers you found were beneficial. Don't hesitate to come back for more information. We hope this was helpful. Please come back whenever you need more information or answers to your queries. Get the answers you need at Westonci.ca. Stay informed with our latest expert advice.