daniellugo1124
daniellugo1124 daniellugo1124
  • 15-11-2020
  • Mathematics
contestada

Darwin borrows $3,000 at an
interest rate of 4%. If he pay the loan
back in 5 years, how much interest will
he pay?

Respuesta :

marissabella2005 marissabella2005
  • 16-11-2020

Answer:

Interest = $600

Step-by-step explanation:

Interest = principal x rate as decimal x time

Interest = 3,000 x 0.04 x 5

Interest = 600

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