Question

0 To buy at laptop computer, Elaine
borrowed & 2,000 for 3 years at an
annual simpal Interest rate of 5%
How much interest will she
pen
she pays the entire loan off at
the end of the third year? What is the
total amount that she will repay?
if​

Answer 1

Answer:

S.I = P x R x T\1OO

2OOO x 5 x 3\1OO

=3OO

S.I = 3OO

A = P + S.I

A = 2OOO + 3OO

= 23OO (ans)