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Find the simple interest Mark owes on a four-year student loan of $36,000 with an annual interest rate of 6%.

Find the simple interest Mark owes on a four-year student loan of $36,000 with an annual interest rate of 6%.
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Find the simple interest Mark owes on a four-year student loan of $36,000 with an annual interest rate of 6%.

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User ImHuntingWabbits
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1 Answer

7 votes
I = PRT
I = (36,000)(.06)(4)
I = 8640
answered
User Nick Chapsas
by
7.4k points
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