Ok, so the the answer is 1d + 2g.
Hope this helps :)
Answer:
The principal borrow for loan is $1,500 .
Step-by-step explanation:
Given as :
The interest paid on simple interest = s.i = $240
The rate of simple interest applied = r = 4%
The time period for loan = t = 4 years
Let The principal borrow = $p
Now,<u> from Simple Interest method</u>
Simple Interest = 
Or. s.i = 
Or, $240 = 
Or, $240 × 100 = 16 × p
Or, $24000 = 16 × p
∴ p = 
i.e p = $1,500
So, The principal borrow for loan = p = $1,500
Hence, The principal borrow for loan is $1,500 . Answer
Answer:
should be 15...
Step-by-step explanation: