Welcome to Westonci.ca, where finding answers to your questions is made simple by our community of experts. Get quick and reliable solutions to your questions from knowledgeable professionals on our comprehensive Q&A platform. Join our Q&A platform to connect with experts dedicated to providing accurate answers to your questions in various fields.

A $3000 loan has an annual interest rate of 6.6% on the amount borrowed. How much time has elapsed if the interest is now $1386?

Sagot :

Answer:

7

Step-by-step explanation:

time=interest

           P*R

time=1386*100

   6.6 * 3000

time=7