marlikacolin marlikacolin

15-01-2019
Mathematics

contestada

Alicia borrowed $
3,000 from the bank at a rate of 12% simple interest per year How much interest did she pay in 4 years

Respuesta :

aaliyahdoxtator aaliyahdoxtator

15-01-2019

Principle = interest divided by rate x years

So

P= 3000 divided by 0.12 x 3

P= 8333.33

P= 8333

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