You want to start your own business so you borrow $50,000 from the bank to pursue your dreams. You borrow it for 5 years at 3.2% simple interest rate. What is the interest INTEREST owed?

$8000

Step-by-step explanation:

(I = interest, p = principal, r = interest rate, t = time. This only applies to simple interest)

(assuming that it is p.a)

∴ The interest owed is $8000.

Hope this helps :)

i dont understand the question? ?

step-by-step explanation:

hello :

by applying the distributive property :

6 × 4.3 = 6 × ( 4 + 0.3 )

            =   (6 ×   4) + (6 ×   0.3)

            = 24 + 1.8

6 × 4.3 = 25.8