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Mary borrowed $11,000 at 5% simple interest for 4 years. What was the total interest

Mary borrowed $11,000 at 5% simple interest for 4 years. What was the total interest
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Mary borrowed $11,000 at 5% simple interest for 4 years. What was the total interest

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User Robolisk
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1 Answer

1 vote
I= P x R x T
11000x0.05x4=2200.00
Your Answer= 2200.00
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User ZombieSheep
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7.0k points
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