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SHS Lifetime Fitness - 2021
Credit and Loans
Question 1
1
Assignment
Multiple Choice
Credit and Loans
Question 1 of 8 • SHS Lifetime Fitness - 2021
Use the formula for simple interest.A=(P)(r)(t)Remember, A refers to the interest accrued.Calculate the total interest Tom would pay, in addition to paying back his $9,000 in principal.
Answer
A
$970
B
$1,970
C
$2,970
D
$3,970
Q 1 of 8
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Credit and Loans - Question 1 | SHS Lifetime Fitness - 2021 | Revolt