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She borrows $5,500 for 3 years at 4%? How much interest does she have to pay for the 3 years of the loan?
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13 votes
She borrows $5,500 for 3 years at 4%?

How much interest does she have to pay for the 3 years of the loan?

User Pradeepa
by
7.1k points

2 Answers

5 votes

Answer:

660

Explanation:

PRT

100

5500*4*3

100

55*4*3

55*12

660$

User Catrinel
by
6.4k points
7 votes

Answer:

660 dollars

Hope this helped!!

User Goli
by
7.3k points
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