Joe borrowed $4,000 from the bank at a rate of 7% simple interest per year. How much interest did he pay in 3 years?

asked Aug 18, 2022 213k views

1 vote

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12 votes

Answer:

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Hyemi answered Aug 20, 2022

by Hyemi

3.3k points

5 votes

Answer:

$840

Explanation:

4000 x .07= 280

280 x 3 = 840

PintoDoido answered Aug 21, 2022

2.9k points

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