Register
Terri borrows $3500 at an interest rate of 3% and plans on paying her loan over 4 years. Using the interest formula, what is the total amount Terri will have to repay on both the loan and the interest?
146k views
17 votes
Terri borrows $3500 at an interest rate of 3% and plans on paying her loan over 4 years. Using the interest formula, what is the total amount Terri will have to repay on both the loan and the interest?

User Chaya
by
8.7k points

1 Answer

10 votes

3920

Explanation:

3500×.03=?×4. 3500÷?=?

User Ethan Li
by
7.7k points
← Prev Question Next Question →

Related questions

Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.5m questions

12.2m answers

Other Questions

How do you can you solve this problem 37 + y = 87; y =
What is .725 as a fraction
How do you estimate of 4 5/8 X 1/3
A bathtub is being filled with water. After 3 minutes 4/5 of the tub is full. Assuming the rate is constant, how much longer will it take to fill the tub?
Write words to match the expression. 24- ( 6+3)
Link Copied!