Mathematics, 20.11.2020 08:20 zachcamp5298
7. Ariel takes a loan of $8,000 to buy a used truck at the rate of 9 % simple interest. Calculate the
annual interest to be paid for the loan amount.
A. 1730
B.2345
C. 720
D. 14
E. 72
8. Steve invested $ 10,000 in a savings bank account that earned 2% simple interest. Find the interest
earned if the amount was kept in the bank for 4 years.
A. 500
B. 300
C. 1200
D. 800
E. 600
Answers: 2
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7. Ariel takes a loan of $8,000 to buy a used truck at the rate of 9 % simple interest. Calculate th...
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