Register

The cost of interest of a $3.000 loan at 12% interest per year is $1003.80. What is the term length for this loan in years?

The cost of interest of a $3.000 loan at 12% interest per year is $1003.80. What is the term length for this loan in years?
223k views
0 votes
The cost of interest of a $3.000 loan at 12% interest per year is $1003.80.

What is the term length for this loan in years?

User Davlog
by
8.2k points

1 Answer

6 votes

Answer:

0.36

Explanation:

User Tarks
by
7.5k points
← Prev Question Next Question →

No related questions found

Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories

Other Questions

How do you can you solve this problem 37 + y = 87; y =
What is .725 as a fraction
How do you estimate of 4 5/8 X 1/3
Link Copied!