Question

Zach borrows $1910 at 2.6% simple interest per month. When Zach pays the loan back 3 years later, how much interest does Zach pay?

Answers

  1. Answer:
    1787.76
    Step-by-step explanation:
    Interest= P (principal amount)xR(Interest rate)xN(amount of time)
    I= 1910x 0.026 (2.6%)x 36 (3 years)
    1787.76
     
    (if i’m not mistaken)

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