A bank offer an annual simple unterest rate of 7% on home improvement loans. How much would Billy owe if he borrowed $18500 over a period of 3.5 years?

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asked Jul 24, 2018 107k views

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A bank offer an annual simple unterest rate of 7% on home improvement loans. How much would Billy owe if he borrowed $18500 over a period of 3.5 years?

Mathematics
middle-school

NabilS asked

by NabilS

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The answer is $4532.50

Sevara answered Jul 29, 2018

by Sevara

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