i borrowed R3 000 from the bank . the contract stipulates that i have to repay the bank R3 900 after 2 years . how much much interest must i

Question

i borrowed R3 000 from the bank . the contract stipulates that i have to repay the bank R3 900 after 2 years . how much much interest must i pay the bank per year​

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Kim Chi 6 months 2021-08-05T01:16:07+00:00 2 Answers 2 views 0

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    0
    2021-08-05T01:17:47+00:00

    Answer:$450 per year

    Step-by-step explanation: If you borrow 3000 dollars and after 2 years you have to pay 3,900 then after 2 years the intrest is 900 dollars, divide that by 2 for the two years and you get a yearly 450 dollars.

    0
    2021-08-05T01:18:01+00:00

    Will pay 450 per year

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