SOLUTION: Tom borrowed money from a credit union for 3 years and was charged simple interest at an annual rate of 7%. How much money did he borrow?

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Question 1145417: Tom borrowed money from a credit union for 3 years and was charged simple interest at an annual rate of 7%. How much money did he borrow?
Answer by ikleyn(52765) About Me  (Show Source):
You can put this solution on YOUR website!
.

Impossible to answer.

Additional info is needed, which you missed in your post.

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To learn the basics, look into the lesson
    - Simple interest percentage problems
in this site.

From this lesson, learn the basics and learn on how to formulate similar problems.

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