Someone help please, I will MEDAL best answer:
A bank offers a home improvement loan with simple interest at an annual
rate of 12%. J.T. borrows an amount of $14,000 to pay back over 3 years. How
much will he pay back altogether? Explain how you found the total amount.

Question

Someone help please, I will MEDAL best answer:
 A bank offers a home improvement loan with simple interest at an annual
rate of 12%. J.T. borrows an amount of $14,000 to pay back over 3 years. How
much will he pay back altogether? Explain how you found the total amount.

isaidavila · Answer

Ok. Let first find the 12% of 14000 and sum the result with 14000( that's the first year). Again do yhe same for the second year and third.
12/100*14000 + 14000 this the quantity he have to pay in the first year

anonymous · Answer

im confused, so what am i supposed to do? 
14,000 divided by 12 first?

anonymous · Answer

@shaleiah can you help me ?
please?

shaleiah · Answer

@KamiBug

isaidavila · Answer

Take the 12% of 14000

anonymous · Answer

thanks     :)