Answered You can buy a ready-made answer or pick a professional tutor to order an original one.

QUESTION

 Simple interest = P × r × tDave 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? John has been studying i

Simple interest = P × r × t

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? 

John has been studying in Tinsmith college for three years and took a loan from lender which is required to be paid back after three years .

Answer you question by explaining how you have arrived at your answer

Show more
  • @
  • 29 orders completed
ANSWER

Tutor has posted answer for $20.00. See answer's preview

$20.00

****************** amount of Cash ******** = $10000 (10000)Years * * years ********* ******** **** ** *** ****** ******* ******** ******** rate = * * * x ********* ** * ************ **** will **** ****

Click here to download attached files: Question-Dave.docx
or Buy custom answer
LEARN MORE EFFECTIVELY AND GET BETTER GRADES!
Ask a Question