kakashibourto kakashibourto

28-12-2020
Mathematics

contestada

if you borrow $100 for 3 years at a annual interest rate 9% how much will you pay altogether ?

Respuesta :

eoguntol eoguntol

28-12-2020

Answer:

$109

Step-by-step explanation:

Formulas

interest = (principal amount)(rate)(time)

interest = (100)(0.09)(3) = $27

total = principal amount + interest

total = 100 + 9 = $127

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