Register

Alicia borrowed $3000 from the bank at a rate of 12% simple interest per year. She earned 1440. How many years was the loan.?

Alicia borrowed $3000 from the bank at a rate of 12% simple interest per year. She earned 1440. How many years was the loan.?
asked 31.3k views
1 vote
Alicia borrowed $3000 from the bank at a rate of 12% simple interest per year. She earned 1440. How many years was the loan.?

asked
User Shantae
by
8.2k points

1 Answer

14 votes

Answer:

1440 $

Explanation:

3000 - 100%

x - 12%

360 - 1 years

answered
User Cwt
by
8.6k 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
How do you estimate of 4 5/8 X 1/3
Link Copied!