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Papessa [141]
4 years ago
15

Find the amount paid for the loan. $2000 at 12% for 3 years

Mathematics
2 answers:
nikklg [1K]4 years ago
8 0

Answer:

$2720

Step-by-step explanation:

P = $2000

R = 12%

T = 3years

Interest = (P × R × T) / 100

= $2000 × 12 × 3 / 100

= $720

Amount = P + I

= $2000 + $720

= $2720

GREYUIT [131]4 years ago
3 0

Answer:

240 a year which is 720 for 3 years

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