smiledmilk845
contestada

Thang decided to borrow ​$7000 from his local bank to help pay for a car. His loan was for 3 years at a simple interest rate of 8​%. How much interest will Thang​ pay?

Respuesta :

DolceAngel
You need to find 24% of $7000 because that's the total interest over the course of 3 years. The answer is $1680

Aliwohaish12
Total interest=principal*interest rate*time,,,
I=prt
I=7000*0.08*3=??