Question

How much interest will be paid in 1 year for a loan of $4200 at 8.5% simple interest?


A $3.57

B $35.70

C $336

D $357

Answer 1

D. 357
pretty sure it correct 99% sure

Answer 2

The answer is option D, $357. $4,200 divided by 0.085 equals $357. Hope I could help! :D