Bobby borrowed $500 at 12 percent simple annual interest. He paid back $680 to pay off the loan. How many years did it take for bobby to pay back the loan?
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Answered by
2
Step-by-step explanation:
He paid Rs 680
Intrest=Total amt paid-Priciple amt
ie - 680-500=180 Intrest
According to Formula of SI
PNR/100=I
500*N*12/100=180
N=180*100/500*12
N=3
3 years
Answered by
0
Answer:5
Step-by-step explanation:
took the test
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