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. Ahmad borrowed $3,000 from the bank to buy a used car. He has to pay 8% simple interest on the car. If Ahmad repays the loan in 3 years, how much interest will he pay? $72 $3,720 $720 $2,280
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Ahmad borrowed $3,000 from the bank to buy a used car. He has to pay 8% simple interest on the car. If Ahmad repays the loan in 3 years, how much interest will he pay?

$72

$3,720

$720

$2,280

User Julesfrog
by
8.4k points

1 Answer

2 votes
The answer to your question is $720
User Frint
by
8.0k points
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