Question

Miranda has borrowed $2000 from Bank of America to help pay for a flat screen TV. The $2000 was obtained at a rate of 5% for a period of 36 months. How much will she have paid for the TV after the 36 months?

Answer 1

u get 300

Explanation:

so what ur looking for is the "I" and first we covert 36 months in 3 years the do this set up 2000(0.05)3