a bank offers a home improvement loan with simple interest at an annual rate of 12% j.t. borrows $14000 over a period of 3 years.how much will he pay altogather

Respuesta :

Interest = PRT/100
I= 14000*0.12*3
I=5040

Add Interest to the Principal
14000 + 5040
= $19,040 
A is the answer.