daileneolivier257 daileneolivier257
  • 17-10-2021
  • Mathematics
contestada

What is the amount if $960 is borrowed for 3 years at 10% interest?

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heelpme
heelpme heelpme
  • 17-10-2021

Answer:

1248

Step-by-step explanation:

We know that

P = 960

T = 3 years

R = 10%

F = 960 + 960×10/100×3

960 + 96×3

960 + 288 = 1248

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ameliabpd55 ameliabpd55
  • 17-10-2021
The answer is 1277.76 is the correct answer
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