Asked by kelvin
#Please guys help me how to sole this question#
A man borrowed sh. 40,000 from NMB bank which charges an interest rate of 12% for 3 years. How much will a man pay after 3 years?
A man borrowed sh. 40,000 from NMB bank which charges an interest rate of 12% for 3 years. How much will a man pay after 3 years?
Answers
Answered by
Steve
3 years of interest will be 36%
so, he pays back 40000*1.36
so, he pays back 40000*1.36
There are no AI answers yet. The ability to request AI answers is coming soon!
Submit Your Answer
We prioritize human answers over AI answers.
If you are human, and you can answer this question, please submit your answer.