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Margo borrows $1500, agreeing to pay it back with 6% annual interest after 6 months. How much interest will she pay?

Margo borrows $1500, agreeing to pay it back with 6% annual interest after 6 months. How much interest will she pay?
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Margo borrows $1500, agreeing to pay it back with 6% annual interest after 6 months. How much interest will she pay?

asked
User Jeff Moser
by
7.4k points

1 Answer

3 votes

Answer:

Explanation:

1,500 times 0.06 = 90

90 divided by 2 = 45

answered
User Alvaro Parra
by
8.1k points
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