Asked by Madeline

You borrow $3200 to buy new kitchen appliances. The simple interest rate is 5%. You pay the loan off after 4 years. What is the total amount you paid for the loan?

$___
Answered by Henry
P = Po + Po*r*t.
P = 3200 + 3200*0.05*4 =
Answered by harry
i duno
Answered by natalie
it is 3840. i get $3840
Answered by John Doe
No u
Answered by John Doe
Ur mum
Answered by Ellie
The answer would be 1,280

3200+3200=?

then you multiply what you got by 0.05
then multiply that by 4 and you get your answer.
Answered by Janelle
my calculations dont make sense
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