# A2 year loan of $500 is madebwith 4% simple interest. find the intrrest earned

Answers: 1

## Answers

A2 year loan of $500 is madebwith 4% simple interest. find the intrrest earned...

Answers: 1

A2 year loan of $500 is madebwith 4% simple interest. find the intrrest earned...

Interest = 40

Step-by-step explanation:

P - 500

R - 4% or 0.04 I = 500 x 0.04 x 2 = 40

T - 2 years

I = ?

answer:

Ok po mahirap yan legit po