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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?
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Feb 10, 2019
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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?
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Vonda
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12000*.15=1800
1800*3=5400
12000+5400=
17400
Pratham
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Feb 17, 2019
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Pratham
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