Answer: 1
Step-by-step explanation:
Step-by-step explanation:
principal= 24000$
rate=8.25%
time=36months=3years
now,
simple interest =PTR/100
=24000×8.25×3/100
=594000/100
=5940
so,
amount=simple interest +principal
=5940+24000
=29940$
he had to pay back 29940$
hope it could help
















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