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You borrow 500 dollars from your parents too but a coumputer, they give you 3% simple interest and 2 years to repay them back how much interest do you pay on the loan

You borrow 500 dollars from your parents too but a coumputer, they give you 3% simple interest and 2 years to repay them back how much interest do you pay on the loan
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1 vote
you borrow 500 dollars from your parents too but a coumputer, they give you 3% simple interest and 2 years to repay them back how much interest do you pay on the loan

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User ChadBDot
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8.3k points

1 Answer

7 votes
The answer is 60 I believe. You times 500 by 0.06 and then times that answer by 2.
answered
User Aegenes
by
8.4k points
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