Question

$1500 at 9% for 2 years

Answer 1

Answer:$270

Explanation:

I=PRT

Interest=principal times rate times time

Principal=1500

Rate=9%=0.09

Time=2

I=1500 times 0.09 times 2

I=1500 times 0.18

I=270

Interest=270

Total is 1500+270=1770 total paid