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Mathematics
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Yasmeen is setting up a business. She borrows $5000 from a loan company. The loan company charges 6% per year simple interest. How much interest will Yasmeen pay after 3 years?
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so do you know how much after one year?
NOPE
what is 6% or 5000?
*of
what is 6% of 5000?
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300
good so that is added on after one year
so how much is it after one year?
your genies,just tell me the answer :)
you have to learn
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its easy
5000 + 300 =
the answer is 900
cluo your so nice, just tell me the answer :)
.....?
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did you get it?
its (5000 + 300) * 6% + (5000 + 300) = x (x * 6%) + x x - 5000 = answer
thanks
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