sunflower7982ca sunflower7982ca
  • 20-11-2019
  • Mathematics
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a bank loans a customer $15,000 to buy a car the loan is for 3 years at a 10% simple interest rate find the total amount the customer will pay at the end of the three years​

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HighSchoolGeek
HighSchoolGeek HighSchoolGeek
  • 20-11-2019
10% * 3 years = 30% in total
$15,000 + 30% = $19,500

Answer: $19,500 at the end of the 3 years with simple interest

Hope this helps :)
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