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 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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