Question:

The principal P 2000 is borrowed at simple interest rate r 7

Last updated: 12/19/2022

The principal P 2000 is borrowed at simple interest rate r 7

The principal P 2000 is borrowed at simple interest rate r 7 for a period of time t 1 year Find the simple interes owed for the use of the money Assume 360 days in a year and round to the nearest cent OA 285 71 OB 21 51 OC 140 00 OD 70 00