Register

Mr. Reis borrowed $4,000 for 3 years at a 6% interest rate. How much does Mr. Reis have to pay back total?

Mr. Reis borrowed $4,000 for 3 years at a 6% interest rate. How much does Mr. Reis have to pay back total?
asked 131k views
2 votes
Mr. Reis borrowed $4,000 for 3 years at a 6% interest rate. How much does Mr. Reis have to pay back total?

asked
User Alex Jasmin
by
8.2k points

1 Answer

3 votes

Answer:

He owes 12000

Explanation:

He owes 12000 because if he borrowed 4000 for 3 years 4000 times 3 = 12000

answered
User Alok
by
7.5k points
← Prev Question Next Question →

Related questions

User Lss
asked Feb 16, 2021 37.6k views
Mr. Reis borrowed $4,000 for 3 years at a 6% interest rate. How much does Mr. Reis have to pay back total?
Lss asked Feb 16, 2021
by Lss
8.1k points
1 answer
5 votes
37.6k 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!