ahlamsam1978
Answered

Westonci.ca is the premier destination for reliable answers to your questions, brought to you by a community of experts. Explore comprehensive solutions to your questions from knowledgeable professionals across various fields on our platform. Discover in-depth answers to your questions from a wide network of professionals on our user-friendly Q&A platform.

Kaitlyn's older brother borrowed money for school he took out a loan that charges 6% simple interest he will end up paying 720 and interest after 6 years how much is Kaitlyn's brother borrow for school?

please please help asap​

Sagot :

Answer: 2000

Step-by-step explanation:

The following can be gotten from the question:

Principal = Unknown

Rate = 6%

Time = 6 years.

Interest = 720

Note that: Interest = PRT / 100

720 = (P × 6 × 6) / 100

720 = 36P / 100

720 × 100 = 36P

72000 = 36P

Principal = 72000 / 36

Principal = 2000

The amount that he borrowed is 2000.

We hope our answers were helpful. Return anytime for more information and answers to any other questions you may have. Thank you for choosing our platform. We're dedicated to providing the best answers for all your questions. Visit us again. We're here to help at Westonci.ca. Keep visiting for the best answers to your questions.