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3 years ago

Mr. Kim borrows $3,000 to pay for house repairs. The simple interest is 8% for one year.

Mathematics

2 answers:

Archy [21]3 years ago

5 0

Answer:

3240

Step-by-step explanation:

If the simple interest is 8%, Mr. Kim will have to pay $3000, and the simple interest, which will be 8% of $3000.

You can write it in two ways:

3000+3000*0.08= 3240

3000*1.08= 3240

vredina [299]3 years ago

3 0

Answer:

SI=PTR÷100

=3000×1×8÷100

=2400

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