Fred borrows $2710 at 3.8% simple interest per month. When Fred pays the loan back 3 months later, what is the total amount that Fred ends up repaying?

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asked Jul 16, 2022 72.2k views

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Fred borrows $2710 at 3.8% simple interest per month. When Fred pays the loan back 3 months later, what is the total amount that Fred ends up repaying?

Mathematics
college

Quan Ding asked

by Quan Ding

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1 Answer

3 votes

Answer:

3,018.94

Explanation:

Jray answered Jul 21, 2022

by Jray

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