Register

Borrowed money from a credit union for 3 years and was charged simple interest at an annual rate of 2%. The total interest that he paid was . How much money did he borrow?

Borrowed money from a credit union for 3 years and was charged simple interest at an annual rate of 2%. The total interest that he paid was . How much money did he borrow?
asked 103k views
5 votes
borrowed money from a credit union for 3 years and was charged simple interest at an annual rate of 2%. The total interest that he paid was . How much money did he borrow?

asked
User Md Nakibul Hassan
by
8.3k points

1 Answer

1 vote
I believe he borrowed $98
answered
User Stein
by
9.0k points
← Prev Question Next Question →

No related questions found

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!