Mr. Tom borrowed $2000 from a bank. The Bank charges a Simple interest of 7% per annum. Calculate the Interest that he has to pay at the End of 3 Years.

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asked Aug 7, 2021 203k views

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Mr. Tom borrowed $2000 from a bank. The Bank charges a Simple interest of 7% per annum. Calculate the Interest that he has to pay at the End of 3 Years.

Mathematics
high-school

Axelrotter asked

by Axelrotter

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1 Answer

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Answer:

i think it's 1860

Explanation:

i divided 2000 by 7 and got 1860 :)

sorry if it's incorrect !

Igor Laszlo answered Aug 14, 2021

by Igor Laszlo

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