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?

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Jennifer asked Mar 20, 2023

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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?

Mathematics
high-school

Jennifer asked Mar 20, 2023

by Jennifer

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16 votes

Answer:

$420

Explanation:

Thefreeman answered Mar 26, 2023

by Thefreeman

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