What is the interest if the principle is $600, the interest rate is 4.5%, and the loan is 5 years?

$135

Step-by-step explanation:

P is the principal amount, $600.00.

r is the interest rate, 4.5% per year, or in decimal form, 4.5/100=0.045.

t is the time involved, 5year(s) time periods.

So, t is 5year time periods.

To find the simple interest, we multiply 600 × 0.045 × 5 to get that:

:) hope this helps

the answer is a

step-by-step explanation:

39.00 x 24 = total installment price

carrying installment price - cash price

needed to save the .00/