anaapplesause anaapplesause

18-12-2020
Mathematics

contestada

How much interest will you pay on a loan of $2,620, with a 3% interest rate, paid over 5
years?

Respuesta :

Eddie1Wan Eddie1Wan

18-12-2020

Answer:

You'll pay $3013

Step-by-step explanation:

Amount to pay=$2620+Interest accrued

A=$2620+($2620×0.03×5)

A=$2620+$393

A=$3013

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