424045
424045 424045
  • 12-05-2020
  • Mathematics
contestada

1
Danny took out a $5000 loan with an annual simple interest rate of 6% for 3 years. What is the total amount (not just the interest) paid on the loan after 3 years?

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drakeabby007
drakeabby007 drakeabby007
  • 12-05-2020

Answer: $5300 dollars

Step-by-step explanation:

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