PLEASE HELP ASAP!!! You loan a friend $3,000. You charge 5.4% interest and they will pay you back in 6 months. How much interest will

Question

PLEASE HELP ASAP!!!
You loan a friend $3,000. You charge 5.4% interest and they will pay you back in 6 months. How much interest will your friend have to pay?

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Thanh Thu 3 years 2021-07-21T22:14:02+00:00 1 Answers 1 views 0

Answers ( )

  1. bonexptip
    0
    2021-07-21T22:15:29+00:00
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    Answer:

    Step-by-step explanation:

    I=PRT/100

    I=3000*5.4*6                                                                                                                            

           100

    97200/100=972.

    I=$972

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