Question

@Nnesha

Answer 1

I can't message you... So I need your help on this...
Shaun borrowed $600 from the bank at 12% interest for 12 months. Including interest, how much did he have to repay?

Answer 2

thats fine
so do you now the formula for interest rate ?

Answer 3

prt

Answer 4

Nvm I got it lol. Thanks for trying though;)

Answer 5

is it simple interest or compounded ?

Answer 6

I= prt
where p = 600
r=12 (need in decimal form 12/100)
t= time
solve for `I`

Answer 7

what did you get ? i want to check my answer :3 ....

Answer 8

It's simple interest...

Answer 9

600*12*1=72....
600+72=672

Answer 10

it's 12% you need to convert into decimal so divide 12 by100 and then multiply them

Answer 11

72 looks right
but why did you add 600+72 hmmm :o