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The best way to calculate simple interest is to:
O A. divide the interest rate by the length of the loan and then subtract
the monthly payment.
O B. multiply the amount borrowed by the compound interest rate.
O C. multiply the amount borrowed by the interest rate and by the
length of the loan.
O D. subtract the compounded interest from the amount borrowed.

Respuesta :

denimxpastel

Answer:

The answer is C

Explanation:

It's C because the formula for simple interest is PRT/100 in which the amount borrowed is the P, the R is the interest rate and the T is the length of the loan you multiply all that and divide by 100 which was however not mentioned in the statement but rest assured that is the correct answer

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