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24 July, 18:52

Mary barrowed $11,000 at 5% simple interest for 4 years what was the total interest

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Answers (2)
  1. 24 July, 18:53
    0
    Marry will pay in one year

    (11,000*5) / 100=550 dollars

    550*4 (years) = 2200 dollars in total
  2. 24 July, 19:04
    0
    Mary will pay 2200 dollars in interest. 5% of 11000 = 550

    550 x 4 = 2200
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