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Thang decided to borrow ​$7000 from his local bank to help pay for a car. His loan was for 3 years at a simple interest rate of 6​%. How much interest will Thang​ pay?

Thang decided to borrow ​$7000 from his local bank to help pay for a car. His loan was for 3 years at a simple interest rate of 6​%. How much interest will Thang​ pay?
asked 77.8k views
22 votes
Thang decided to borrow ​$7000 from his local bank to help pay for a car. His loan was for 3 years at a simple interest rate of 6​%. How much interest will Thang​ pay?

asked
User Algenis
by
8.6k points

1 Answer

4 votes

Answer:

$420

Explanation:

answered
User Shakilur
by
8.3k points
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