Question

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?

Answer 1

Answer:

Simple Interest= PxRxT/100

Principal=24000

Rate=2%

Time=7

S.I.=24000x2x7/100

    =3360

Ans= 3360

Step-by-step explanation:

Answer 2

Answer:

Answer = 3360

Step-by-step explanation:

hope this helps