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Help please!!! Mr. Johnson borrowed $8,000 for 4 years at a rate of 3%. How much interest did he earn? I = prt

Help please!!! Mr. Johnson borrowed $8,000 for 4 years at a rate of 3%. How much interest did he earn? I = prt
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Help please!!!

Mr. Johnson borrowed $8,000 for 4 years at a rate of 3%. How much interest did he earn? I = prt

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User Likebeats
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7.9k points

1 Answer

2 votes
8000x4=32000 | 3% of 32000= 960
answered
User Rob Willis
by
9.2k points
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