deanna0407 deanna0407
  • 06-04-2020
  • Mathematics
contestada

Chelsea takes out a loan of $900 to buy a new laptop. The loan has a simple interest rate of 5% annually.
How much interest will she pay in 2 years?

Respuesta :

addiknight26
addiknight26 addiknight26
  • 07-04-2020

Answer

90

Step-by-step explanation:

to find one year of a lone do 900 times 0.05 which is 45

since it is 2 years, she will pay 90 dollars (45+45)

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