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Jim borrows $790 for 4 months. He pays a simple interest of 6%. How much interest must be pay? Around your answer to the nearest cent if necessary. ($150 is not correct)

Jim borrows $790 for 4 months. He pays a simple interest of 6%. How much interest must be pay? Around your answer to the nearest cent if necessary. ($150 is not correct)
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2 votes
Jim borrows $790 for 4 months. He pays a simple interest of 6%. How much interest must be pay? Around your answer to the nearest cent if necessary. ($150 is not correct)

asked
User Pinewood
by
7.7k points

1 Answer

4 votes

Answer:

189.6

Explanation:

790*4=3160*6%

answered
User Fabio Nolasco
by
8.9k points
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