Question:

A student took out a simple interest loan for $2200 for 2

Last updated: 7/19/2022

A student took out a simple interest loan for $2200 for 2

A student took out a simple interest loan for $2200 for 2 years at an annual rate of 5.6%.. (a) What is the interest on the loan? $ (b) How much will the student have to repay at the end of 2 years? $