Question

Please help its due tommorrow morning!

Frank borrows $6,000 to pay for his tuition. The annual interest rate of the loan is 5.4%. How much interest does Frank owe at the end of one year?​

Answer 1

Answer: $324

Step-by-step explanation:

i=prt

i=(6000)(.054)(1)

i=324

Answer 2

The answer is 324

.054(6000)