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What interest will be charged on a $300 loan for 6 months if the rate is 18% simple interest? 23.90 318.00 © 540.00 © 27.00 324.00

What interest will be charged on a $300 loan for 6 months if the rate is 18% simple interest? 23.90 318.00 © 540.00 © 27.00 324.00
asked 173k views
15 votes
What interest will be charged on a $300 loan for 6 months if the rate is 18% simple interest?

23.90
318.00
© 540.00
© 27.00
324.00

asked
User Adaliz
by
7.7k points

1 Answer

8 votes

Answer: 540.00

Explanation:

answered
User Ivanka Todorova
by
7.8k points
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