Register

Borrowed money from a credit union for 3 years and was charged simple interest at an annual rate of 2%. The total interest that he paid was . How much money did he borrow?

Borrowed money from a credit union for 3 years and was charged simple interest at an annual rate of 2%. The total interest that he paid was . How much money did he borrow?
103k views
5 votes
borrowed money from a credit union for 3 years and was charged simple interest at an annual rate of 2%. The total interest that he paid was . How much money did he borrow?

User Md Nakibul Hassan
by
8.3k points

1 Answer

1 vote
I believe he borrowed $98
User Stein
by
9.0k points
← Prev Question Next Question →

No related questions found

Ask a Question
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

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
Link Copied!