estmyl8649 estmyl8649
  • 20-01-2021
  • Mathematics
contestada

A bank offers simple interest loans at an interest rate of 6% per year. How much interest will you pay if you borrow.$1,200 for 3 years?

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chetankachana
chetankachana chetankachana
  • 20-01-2021

Answer:

$216

Step-by-step explanation:

6% of 1200 = 72

72x3=216

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