## if $6000 is borrowed at 6 % per annum simple interest. find the interest and amount to be paid at the end of 3 years.​ Question if$ 6000 is borrowed at 6 % per annum simple interest. find the interest and amount to be paid at the end of 3 years.​

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4 weeks 2021-08-14T14:54:22+00:00 2 Answers 0 views 0

Principal=$6000 Rate of Interest=6% Time=3 years Simple Interest- P×R×T = 6000×6/100×3 60×6×3=$1080

Amount= Principal+Simple Interest

$6000+$1080

=\$7080

Step-by-step explanation: