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9. Adam took a loan of $9,000 from a bank at 6% A
simple interest. The total amount payable by him
the bank after 2 year

By Kaylee

9. Adam took a loan of $9,000 from a bank at 6% A
simple interest. The total amount payable by him
the bank after 2 years is?
A) $10,080 B) $1,080 C) $10,100R17
D) $10,120
E) $9,280
C​

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Kaylee


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1 thought on “9. Adam took a loan of $9,000 from a bank at 6% A<br />simple interest. The total amount payable by him<br />the bank after 2 year”

  1. Answer:

    Option B. $1080

    Mark me brainliest

    Step-by-step explanation:

    Simple Interest Rate formula:

    SI = (P×R×T)/100

    P: Principal

    R: Rate

    T: Time

    Princle= 9000

    Rate= 6%

    Time= 2year

    Well,

    (9000×6×2)/100

    = 108000/100

    = $1080

    All the best

    Mark me brainliest and flw me

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