Register
Sain has a student loan for $22,990. This loan has a simple interest rate of 5%. What is the amount of interest Sain will be charged on his student loan at the end of 3 years?
41.4k views
3 votes
Sain has a student loan for $22,990. This loan has a simple interest rate of 5%. What is the amount of interest Sain will be charged on his student loan at the end of 3 years?

User Bhavesh Daswani
by
3.7k points

2 Answers

4 votes
The answer is 3448.5
User Guno
by
3.9k points
2 votes

Answer:

3448.5

Explanation:

I=PRT

I=22990×0.05×3

=$3448.5

User Dinotom
by
3.2k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

3.7m questions

4.8m answers

Other Questions

Solve for x in the equation 3 x squared minus 18 x + 5 = 47. (I need this to be an answer like X=3+\_ square root 23)
Please answer asap.......... ...
The sanchez family goes out for dinner, and the price of the meals is $60. The sales tax on the Meals is 7 percent, and they also want to leave a 15 percent tip. What is the total cost of the meal? Analyze
Simplify: 10 ÷ [(5 + 2) − 5]
A survey of 539 adults aged 18-24 year olds was conducted in which they were asked what they did last Friday night. It found: 189 watched TV 163 hung out with friends 29 watched TV and ate pizza, but did
Link Copied!