Question

Ian borrows $3580 at 31% simple interest per year. When Ian pays the loan back 7 years later, how much interest does Ian pay?

Answer 1

1,108.98 I think lol if it’s wrong sry

Answer 2

$1,109.80

Explanation:

$3580 times 31% = 1,109.80+ 3580 = $4,689.80