Mathematics

Mathematics, 29.01.2021 18:40, hdhdhd49jdhd

Darius has a 6-month loan for $500. He must pay 5.6% annual interest on the loan. Using the formula for simple interest, I = Prt, where I is interest owed, P is the amount borrowed, r is the rate as a decimal, and t is time in years, find the amount of interest owed by Darius after 6 months.

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Darius has a 6-month loan for $500. He must pay 5.6% annual interest on the loan. Using the formula...

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