What is the amount if $960 is borrowed for 3 years at 10% interest?

asked Mar 23, 2022 99.4k views

3 votes

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5 votes

Answer:

1248

Explanation:

We know that

P = 960

T = 3 years

R = 10%

F = 960 + 960×10/100×3

960 + 96×3

960 + 288 = 1248

Chaddeus answered Mar 29, 2022

5.3k points

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