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Zach borrows $1910 at 2.6% simple interest per month. When Zach pays the loan back 3 years later, how much interest does Zach pay?

Zach borrows $1910 at 2.6% simple interest per month. When Zach pays the loan back 3 years later, how much interest does Zach pay?
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6 votes
Zach borrows $1910 at 2.6% simple interest per month. When Zach pays the loan back 3 years later, how much interest does Zach pay?

User Danstan
by
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2 Answers

6 votes
Iā€™m not sure but I think the answer is $1884
User Hbit
by
8.6k points
6 votes

Answer:

$1884 I think

Explanation:

$1910 - 2.6% = $1884

Sorry if it is wrong!

User Serguzest
by
8.2k points
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