Register
Thang decided to borrow ​$7000 from his local bank to help pay for a car. His loan was for 3 years at a simple interest rate of 6​%. How much interest will Thang​ pay?
77.8k views
22 votes
Thang decided to borrow ​$7000 from his local bank to help pay for a car. His loan was for 3 years at a simple interest rate of 6​%. How much interest will Thang​ pay?

User Algenis
by
8.2k points

1 Answer

4 votes

Answer:

$420

Explanation:

User Shakilur
by
7.9k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

8.8m questions

11.4m answers

Other Questions

How do you can you solve this problem 37 + y = 87; y =
What is .725 as a fraction
A bathtub is being filled with water. After 3 minutes 4/5 of the tub is full. Assuming the rate is constant, how much longer will it take to fill the tub?
Write words to match the expression. 24- ( 6+3)
A dealer sells a certain type of chair and a table for $40. He also sells the same sort of table and a desk for $83 or a chair and a desk for $77. Find the price of a chair, table, and of a desk.
Link Copied!