bink1blanton bink1blanton
  • 23-05-2020
  • Mathematics
contestada

You are allowed 10 years to pay loan back find simple interest on the loan if you borrowed 3600 at 8%

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sqdancefan
sqdancefan sqdancefan
  • 23-05-2020

Answer:

  2880

Step-by-step explanation:

I = Prt = 3600·0.08·10 = 2880

Interest is 2880.

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