Asked by Hether with no a

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You borrow $2,000 for a period of 4 years. You are charged simple interest at a rate of 3%. How much will you repay at the end of 4 years?
Pls help me out i am begging you i really need help i cant fail! PLS! as soon as possible would be great!
Answered by Hether with no a
Guys pls help me
Answered by mathhelper
Simple Interest = PRT
sub in our given numbers
= 2000(.03)(4) =240

So you need to pay back $2240

(You MUST know how to do such a simple question.)
Answered by Hether with no a
Thank you so much! And no i dont -_-
Answered by VICTORIA NEEDS HELP NOW
ok so can anyone tell me some tips on how to solve this question
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