Register

Find the simple interest Kara owes on a 1.5-year loan of $1,500 at an annual interest rate of 7.5%.

Find the simple interest Kara owes on a 1.5-year loan of $1,500 at an annual interest rate of 7.5%.
asked 202k views
0 votes
Find the simple interest Kara owes on a 1.5-year loan of $1,500 at an annual interest rate of 7.5%.

asked
User Ankit Mehta
by
7.6k points

1 Answer

2 votes
I=prt
I=1500*1.5*0.075
I=168.75
answered
User Terion
by
8.7k points
← Prev Question Next Question →

Related questions

Ask a Question
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.

Categories

Other Questions

What is .725 as a fraction
How do you estimate of 4 5/8 X 1/3
A bathtub is being filled with water. After 3 minutes 4/5 of the tub is full. Assuming the rate is constant, how much longer will it take to fill the tub?
Link Copied!