Register

A company borrows $70,500 for 3 years at a simple interest of 6.5% to buy trucks. Find the total amount paid on the loan

A company borrows $70,500 for 3 years at a simple interest of 6.5% to buy trucks. Find the total amount paid on the loan
asked 229k views
3 votes
A company borrows $70,500 for 3 years at a simple interest of 6.5% to buy trucks. Find the total amount paid on the loan

asked
User Jim Blum
by
8.3k points

1 Answer

4 votes


70.500 * 3 / 6.5\%
answered
User Chau Chee Yang
by
8.2k points
← Prev Question Next Question →

Related questions

Ask a Question
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.

Categories

Other Questions

How do you can you solve this problem 37 + y = 87; y =
What is .725 as a fraction
A bathtub is being filled with water. After 3 minutes 4/5 of the tub is full. Assuming the rate is constant, how much longer will it take to fill the tub?
Link Copied!