3. John wants to open a showroom. He borrows $48,000 on 12% interest rate. If he pays $23,040 in interest, how many years does he have the loan? (I=prt)

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asked Apr 19, 2023 34.1k views

15 votes

3. John wants to open a showroom. He borrows

$48,000 on 12% interest rate. If he pays $23,040
in interest, how many years does he have the
loan?

(I=prt)

Mathematics
high-school

Shamith C asked

by Shamith C

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1 Answer

4 votes

Answer:

2 i think

Explanation:

Drescherjm answered Apr 26, 2023

by Drescherjm

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