Register

Sain has a student loan for $22,990. This loan has a simple interest rate of 5%. What is the amount of interest Sain will be charged on his student loan at the end of 3 years?

Sain has a student loan for $22,990. This loan has a simple interest rate of 5%. What is the amount of interest Sain will be charged on his student loan at the end of 3 years?
asked 41.4k views
3 votes
Sain has a student loan for $22,990. This loan has a simple interest rate of 5%. What is the amount of interest Sain will be charged on his student loan at the end of 3 years?

asked
User Bhavesh Daswani
by
8.5k points

2 Answers

4 votes
The answer is 3448.5
answered
User Guno
by
8.5k points
2 votes

Answer:

3448.5

Explanation:

I=PRT

I=22990×0.05×3

=$3448.5

answered
User Dinotom
by
8.4k points
← Prev Question Next Question →

Related questions

User Jeremytrimble
asked Jan 19, 2024 220k views
How had the Marquise de Sain-Meran die?
Jeremytrimble asked Jan 19, 2024
by Jeremytrimble
7.4k points
1 answer
2 votes
220k views
User Pranav Kumar H M
asked May 26, 2016 224k views
What is an akkandians? awnser or i will go super sain
Pranav Kumar H M asked May 26, 2016
by Pranav Kumar H M
7.9k points
1 answer
0 votes
224k views
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!