.
Ahmad borrowed $3,000 from the bank to buy a used car. He has to pay 8% simple interest on the car. If Ahmad repays the loan in 3 years, how much interest will he pay?
$72
$3,720
$720
$2,280
Ahmad borrowed $3,000 from the bank to buy a used car. He has to pay 8% simple interest on the car. If Ahmad repays the loan in 3 years, how much interest will he pay?
$72
$3,720
$720
$2,280