marlikacolin marlikacolin

15-01-2019
Mathematics

contestada

Alicia borrowed $
3,000 from the bank at a rate of 12% simple interest per year How much interest did she pay in 4 years

Respuesta :

mathewsrolltide mathewsrolltide

15-01-2019

Answer:

$1720.56

Step-by-step explanation:

3000(1+0.12)^4

3000(1.12)^4

3000(1.57351936)

4720.56

-3000

1720.56

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