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Laura buys $3000 worth of furniture. she pays $1400 down and agrees to pay the remainder off in 3 years at 8% simple interest. How much total will she pay to pay for the furniture? Type your answer rounded to the nearest dollar. Do not include the dollar sign ($ in your answer. Only include the numerical portion of the answer.

Sagot :

Answer:

Step-by-step explanation:

3000 - 1400 = 1600 <==== amount interest is charged on

interest =  principle * decimal interest rate * years

            = 1600          * .08             * 3

            = 384    interest

She pays 3000 + interest =   3384   <==== total paid

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