14,980 views
12 votes
12 votes
Caroline borrowed 300,000 from the bank in order to buy a house. If the simple interest RATE that the bank charged her was 3.5%, and she ended up paying the bank back a total of $615,000 (principal and interest total), how long (in years) did it take her to pay back the loan?

User Juel
by
2.9k points

1 Answer

6 votes
6 votes

Answer:

915'000.+123=915,123

User Scindix
by
3.1k points