Respuesta :

ujalakhan18

Answer:

3,000

Step-by-step explanation:

Loan = 20,000

Simple Interest per year = 5% of 20,000

=> [tex]\frac{5}{100}* 20,000[/tex]

=> 5 * 200

=> 1,000

Simple Interest for 3 years = 3 * 1000

=> 3,000

09pqr4sT

Answer:

3000

Step-by-step explanation:

SI = P × R × T

Use simple interest formula.

20000 × 5% × 3

1000 × 3

= 3000

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