Jameson is seeking a loan with a simple interest rate of 3% per year. If he wants to borrow $8,000, then how much will he be charged in interest after 4 years?

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asked Apr 26, 2019 5.7k views

2 votes

Jameson is seeking a loan with a simple interest rate of 3% per year. If he wants to borrow $8,000, then how much will he be charged in interest after 4 years?

Mathematics
middle-school

Brandon Moore asked

by Brandon Moore

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2 Answers

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Answer:The answer is $960 I got a 100% on the test.

(For k-12 students)

Kdazzle answered Apr 28, 2019

by Kdazzle

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4 votes

Did it in paper. If questions, ask me.

Jameson is seeking a loan with a simple interest rate of 3% per year. If he wants-example-1

Stefanny answered Apr 30, 2019

by Stefanny

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