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## 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

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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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Mathematics
6 months
2021-08-05T01:16:07+00:00
2021-08-05T01:16:07+00:00 2 Answers
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## Answers ( )

Answer:$450 per yearStep-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.Will pay 450 per year