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  • 04-01-2018
  • Mathematics
contestada

Lisa borrows 2850 at 4.3 simple interest per year. When Lisa pays loan back 9 years later, what total amount that Lisa ends up repaying?

Respuesta :

Kalahira
Kalahira Kalahira
  • 18-01-2018
Ans : $3952.95.
   Interest = P.r.t = 2850 X 4.3 X 9 = 1,102.95 and
  The total amount is = 3952.95
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