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Populaire Word Problems >

What is the total interest to be paid on a 5 year 6000 loan at 12% p.a. flat interest?

Solution

Wha t i s t h e t o t a l in t eres t t o b e p ai d o n a 5 ye a r 6000 l o an a t 12% p . a . f l a t in t eres t ?

Solution

Interest : 3600

étapes des solutions

Translate the problem into an equation:

I = 6000 \cdot 0.12 \cdot 5

Simplifier

I = 6000 \cdot 0.12 \cdot 5

Interest : 3600

Exemples populaires

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