Mathematics, 06.11.2019 11:31 idk5233

use the simple interest formula, i = prt, to find the simple interest:
ken borrowed $6,000 for 4 years at a rate of 7% simple interest per year. how much interest will ken have to pay after paying back the borrowed amount?
a. $168
b. $1,680
c. $1,864.78
d. $16,800

Answers: 2

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More questions: Mathematics Another questions

use the simple interest formula, i = prt, to find the simple interest: ken borrowed $6,000 for 4 years at a rate of 7% simple interest per year. how much interest will ken have to pay after paying back the borrowed amount? a. $168 b. $1,680 c. $1,864.78 d. $16,800

Answers

Another question on Mathematics

use the simple interest formula, i = prt, to find the simple interest:
ken borrowed $6,000 for 4 years at a rate of 7% simple interest per year. how much interest will ken have to pay after paying back the borrowed amount?
a. $168
b. $1,680
c. $1,864.78
d. $16,800