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24 December, 12:10

Clarke borrows 16,000 dollars to buy a car he pays simple interest at an annual rate of 6 % over a period of 3.5 years how much does he pay all together

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  1. 24 December, 14:40
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    C = 16000

    i = 6% aa

    t = 3,5 a

    j = cit/100

    j = 16000*3,5*6 / 100

    j = 160*3,5*6

    j = 3360

    montante:

    M = c+j

    M = 16000 + 3360

    M = 19360
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