You get a loan for $2500 with a simple interst of 16% for 3 years. How much to you have to pay back?

asked Dec 12, 2022 195k views

13 votes

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8 votes

Answer:

$3,700

Explanation:

16% of 2500=400

400×3(years)=1,200

2500+1200=3700

Lonre Wang answered Dec 19, 2022

6.0k points

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