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Rolex borrowed $3200 from his credit union for 4 years. He was charged 9.8% simple interest. What was the total amount he owed the credit union?

Rolex borrowed $3200 from his credit union for 4 years. He was charged 9.8% simple interest. What was the total amount he owed the credit union?
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Rolex borrowed $3200 from his credit union for 4 years. He was charged 9.8% simple interest. What was the total amount he owed the credit union?

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User LeCoda
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1 Answer

2 votes
$816,326.50 (rounded) the original is (816326.530612) but I'm not sure if it should be rounded or not. Very sorry if I'm wrong!
answered
User Manish Ahire
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