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joe borrowed $900 from sam for six months. how much will sam warm if he charges joe a simple interest rate of 4%?
A $18
B $216
C $918

Respuesta :

michaelcoleman92

Answer:

So you're basically asked for total interest earning.


simple interest of 4 % means that joe have to pay 4 % interest of 900 in the period of 1 year


since joe only borrowed it for 6 months, you can find it with this formula :


$900 x 6/12 x 4 % =  $ 18


hope this helps


Read more on Brainly.com - https://brainly.com/question/1502898#readmore

Step-by-step explanation:


rollmanjd22

Answer:

B. $216

Step-by-step explanation:

If Sam is charging a simple interest every month for 6 months, he will be charging $36 Dollars a month, or %4 of 900. After 6 Months, Sam will earn $216 from the interest.

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