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jaliyah1 jaliyah1
  • 21-04-2016
  • Mathematics
Answered

a bank offers a home improvement loan with simple interest at an annual rate of 12% j.t. borrows $14000 over a period of 3 years.how much will he pay altogather

Verified Answer :

cutelion918
cutelion918 cutelion918
  • 21-04-2016

Interest = PRT/100
I= 140000.123
I=5040

Add Interest to the Principal
14000 + 5040
= $19,040 
A is the answer.

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