Math

find the simple interest on a loan £9000 over 6 years at 11% p.a.

1. 👍 0
2. 👎 0
3. 👁 62
1. I = PRT

I = 9,000 * 0.11 * 6

I = ?

1. 👍 0
2. 👎 0

Similar Questions

1. Simple interest

Charlotte borrows \$9000 over 5 years to buy a second hand car. The loan must be repaid over 5 years at 12% p.a. simple interest calculate the monthly repayment if the payments are spread equally over the 5 years.

asked by Jake on February 21, 2017
2. Business Math icom 1

Find the ordinary interest in a loan of Rs.2600 at 10 % simple interest from January 5 to February 10.? Find the present value of Rs.3600 due in 4 months at 6% interest p.a.? At what annual rate percent of interest would Rs.12500

asked by Mian g on March 24, 2016
3. Plz Hellp

Wanda took out a personal loan for \$16,000 at 9% simple interest. How much interest will she pay after 5 years? Suppose she pays off the loan in 3 years instead of 5 years. How much money will she save in interest?

asked by Sara on September 24, 2014
4. Algebra

Wanda took out a personal loan for \$16,000 at 9% simple interest. How much interest will she pay after 5 years? Suppose she pays off the loan in 3 years instead of 5 years. How much money will she save in interest?

asked by Sara on September 24, 2014
5. math

find the interest paid on a loan \$2,200 for three years at a simple interest rate of 9% per year what is the interest on the loan

asked by A on May 16, 2015
6. Math Check My Work Please 2

15. Lisa takes a loan of \$10,500 at a 9% simple interest rate for 7 years. a. How much interest will she pay after 3 years? b. How much interest will she pay in total for the loan? \$2,835.00; \$6,615.00 \$8,280.00; \$9,720.00*

asked by SmartyPants on March 13, 2015
7. Algebra

Show how you substitute the values into the formula, then use your calculator. *Use A = P(1+r/n)nt to find the amount of money in an account after t years, compounded n times per year. *Use I = Prt to find the amount of simple

asked by Sylvie on February 3, 2013
8. math

Loan #1 Year Amount owed 1 \$3796 2 \$3942 3 \$4088 Loan # 2 Year Amount owed 1 \$977.53 2 \$1036.18 3 1098.35 For loan #1 is simple interest. Loan #2 is compound interest How much was each loan originally Determine the future value of

asked by Annie on January 19, 2012
9. math

Loan #1 Year Amount owed 1 \$3796 2 \$3942 3 \$4088 Loan # 2 Year Amount owed 1 \$977.53 2 \$1036.18 3 1098.35 For loan #1 is simple interest. Loan #2 is compound interest How much was each loan originally Determine the future value of

asked by Emma on January 19, 2012
10. Math

Lisa takes a loan of \$10,500 at a 9% simple interest rate for 7 years. a. How much interest will she pay after 3 years? b. how much interest will she pay in total for the loan? a. \$2,835.00; \$6,615.00 b. \$8,280.00; \$9,720.00 c.

asked by Anonymous on April 6, 2015

More Similar Questions