Jack borrowed a sum of 12000$ from a financing company for 3 years at 15% per annum. What is the total interest he paid in 3 years?

asked Feb 10, 2019 153k views

4 votes

by Vonda

6.1k points

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2 votes

12000*.15=1800

1800*3=5400

12000+5400=

17400

Pratham answered Feb 17, 2019

6.2k points

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