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

Breffny asked May 4, 2023

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43 votes

19. You borrow

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

Breffny asked May 4, 2023

2.6k points

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23 votes

Answer

Interest =1080

Explanation:

The formula to solve interest is Principal times Rate times Time

Glenn Stevens answered May 10, 2023

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