BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Ethan borrowed $2, 190 for a new dirt bike. He will pay the money back in 3 years with a simple interest rate of 2.5% How much interest will he pay?
A
$164.25
B
$172.75
C
$1, 642.50
D
$2, 354.25
Explanation: 
There is 1 question to complete.