19. You borrow $3000 (prinupal) for 4 years and pay a 9% interest 9 rate. How much interest do you pay ?

asked Jun 8, 2023 204k views

12 votes

19. You borrow

$3000 (prinupal)
for 4 years and
pay a 9% interest
9
rate. How much
interest do you
pay ?

8.2k points

Please log in or register to add a comment.

7 votes

Answer

Interest =1080

Explanation:

The formula to solve interest is Principal times Rate times Time

8.4k points

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

8.8m questions

11.4m answers