sara borrowed 24,000 from her bank . the loan was for 7 years at a simple interest rate of 2%. what is the total amount of the loan after 7 years?
Answers
Answered by
2
Answer:
Simple Interest= PxRxT/100
Principal=24000
Rate=2%
Time=7
S.I.=24000x2x7/100
=3360
Ans= 3360
Step-by-step explanation:
Answered by
0
Answer:
Answer = 3360
Step-by-step explanation:
hope this helps
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