Homework answers / question archive / Miguel borrowed money from a credit union for 6 years and was charged simple interest at an annual rate of 6%

Miguel borrowed money from a credit union for 6 years and was charged simple interest at an annual rate of 6%

Finance

Share With

Miguel borrowed money from a credit union for 6 years and was charged simple interest at an annual rate of 6%. The total interest that he paid was $72. How much money did he borrow?