A customer wanted to borrow $2 000 from a bank. He was told that the rate of interest was 12% per annum. What amount would the customer have to pay back if he had to repay the loan in 3 years??

can someone please help??

$720

Step-by-step explanation:

10x

step-by-step explanation:

the greatest common factor 30 and 20 is 10

5 is a common factor of 30 and 20 but 10 is also a factor and 10 is greater than 5 so 5 will definitely not be apart of our answer

now the most amount of x's you factor our is just 1 factor of 1

so 10x the gcf of the terms in the polynomial

answer: the value should be used for i in the formula of calculation the monthly payment , the interest rate per period is 0.85.

step-by-step explanation:

the given rate of interest i= 85%

in calculating the monthly payment for a loan with an interest rate compounded monthly, the value of the interest rate per period we use in the formula must be in decimal form.

to convert it in decimal, we divide it by 100, we get

hence, the value should be used for i in the formula of calculation the monthly payment , the interest rate per period is 0.85.