Tonka borrowed $920 from a bank at 14% simple interest. After 3 years, he paid back the loan plus the interest. a. How much interest did Tonka pay? b. How much did Tonka pay back altogether?

Tonka borrowed $920 from a bank at

14% simple interest. After 3 years, he
paid back the loan plus the interest.
a. How much interest did Tonka pay?
b. How much did Tonka pay back
altogether?

1 Answer

Tonka borrowed $920 from a bank at 14% simple interest. After 3 years, he paid back the loan plus the interest. a. How much interest did Tonka pay? b. How much did Tonka pay bac…

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