Dave has a three–year college loan for $10,000. the lender charges a simple interest rate of 6 percent. how much interest will he have to pay?

$1800

Step-by-step explanation:

Using the formula for simple interest:

Where:

A = Total Accrued Amount (principal + interest)

P = Principal Amount

r = Rate of Interest per year in decimal

t = Time in years

Substituting the values:

A=10000(1+0.06(3))

A=11800

A is the total accrued amount, which means to find the interest paid over the three years, subtract the principal amount. So the interest is 11800-10000=1800

whatever you can spend with $11.53 or under.

step-by-step explanation:

20 - 8.47 = 11.53. take away the money he used for lunch from the starting amount of 20.