A bank offers a home improvement loan with simple interest at an annual rate of 12%. J. T. borrows $14,000 over a period of 3 years. How much will he pay back altogether?
The choices are:
A. 19,040 dollars
B. 15,680 dollars
C. 20,720 dollars
D. 17,360 dollars
+2
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “A bank offers a home improvement loan with simple interest at an annual rate of 12%. J. T. borrows $14,000 over a period of 3 years. How ...” in 📘 Mathematics if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Home » Mathematics » A bank offers a home improvement loan with simple interest at an annual rate of 12%. J. T. borrows $14,000 over a period of 3 years. How much will he pay back altogether? The choices are: A. 19,040 dollars B. 15,680 dollars C. 20,720 dollars D.