Astudent took out a simple interest loan for 2400 for 2 years at a rate of 7%. what is the interest on the loan?

using the 7% interest rate the interest rate is 168 due to the fact if you take 2400 x .07 you get 168 however I don't know if it asks that but in order to see exactly how much money would be in there you would have to add the 168 to the 2400 if you are to add that to the 2400 that was originally put in the bank you would come up to 2568

in mathematics, a function is a relationship between two variables such that the value of one of the variables, called the dependent variable, is determined by the value of the other variable, called the independent variable. there is a specific term we use to describe the set of independent variables of a function.

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step-by-step explanation:

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