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Find the simple interest of 2000 borrowed at 9 for 4 years R

Find the simple interest of $2,000 borrowed at 9% for 4 years. (Round your answer to the nearest cent.)
I = $

Solution

simple interest I = principal * time * rate / 100 = 2000 * 9 *4 / 100 = $ 720

Find the simple interest of $2,000 borrowed at 9% for 4 years. (Round your answer to the nearest cent.) I = $Solutionsimple interest I = principal * time * rate

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