Mathematics, 11.11.2020 21:20 maddie953

Mike has a loan of $36,320. This loan has a simple interest rate of 6% per year. What is the amount of interest that will be charged on this loan at the end of the first year?
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Mike has a loan of $36,320. This loan has a simple interest rate of 6% per year. What is the amount...

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Mike has a loan of $36,320. This loan has a simple interest rate of 6% per year. What is the amount of interest that will be charged on this loan at the end of the first year? Help:(

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Another question on Mathematics

Mike has a loan of $36,320. This loan has a simple interest rate of 6% per year. What is the amount of interest that will be charged on this loan at the end of the first year?
Help:(