Shortcharlie
Shortcharlie Shortcharlie
  • 16-11-2021
  • Mathematics
contestada

Joe borrowed $9,000 from the bank at a rate of 7% simple interest per year. How much interest did he pay in 9 years?

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ZinCeNeyeLv
ZinCeNeyeLv ZinCeNeyeLv
  • 16-11-2021

Answer:

simple interest on a principal of $9,000.00 at a rate of 7% per year for 9 years is $14,670.00.

Step-by-step explanation:

Therefore $14,670 was paid in 9 years.

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brisal4
brisal4 brisal4
  • 16-11-2021

Answer:

14,670 Was paid in 9 years

Step-by-step explanation:

Answer Link

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