156k views
2 votes
If you borrow $1,200 for 3 years at an annual interest rate of 4% how much will you pay altogether​

User EvaBat
by
8.5k points

1 Answer

6 votes

Answer:

$1,344.00

Explanation:

A=P(1+rt)

A=1,200(1+(0.04)(0.03))

User Bruce The Hoon
by
8.5k points

No related questions found

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

9.4m questions

12.2m answers

Categories