SOLUTION: Pauk took a loan of 500$ for 3 years.if he paid interest at the rate of 8% per annum,how much interst did he pay altogether?

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Question 761306: Pauk took a loan of 500$ for 3 years.if he paid interest at the rate of 8% per annum,how much interst did he pay altogether?
Answer by cherry precilla(2) About Me  (Show Source):
You can put this solution on YOUR website!
He pay 120$ altogether.
500$ * 8% * 3years = 120$