Answered

Welcome to Westonci.ca, your go-to destination for finding answers to all your questions. Join our expert community today! Explore in-depth answers to your questions from a knowledgeable community of experts across different fields. Explore comprehensive solutions to your questions from knowledgeable professionals across various fields on our platform.

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

Thanks for stopping by. We strive to provide the best answers for all your questions. See you again soon. We appreciate your time. Please revisit us for more reliable answers to any questions you may have. Thank you for visiting Westonci.ca. Stay informed by coming back for more detailed answers.