Image result for Yolly borrowed php 6,500 for 18 months with a yearly interest of 6% what was the interest of the loan
For example, say you invest $100 (the principal) at a 5% annual rate for one year. The simple interest calculation is: $100 x . 05 interest x 1 year = $5 simple interest earned after one year.
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Answer:
Letter A.585 yan po ung sagot.
Step-by-step explanation:
How do you calculate interest for a year?
Image result for Yolly borrowed php 6,500 for 18 months with a yearly interest of 6% what was the interest of the loan
For example, say you invest $100 (the principal) at a 5% annual rate for one year. The simple interest calculation is: $100 x . 05 interest x 1 year = $5 simple interest earned after one year.