Answer:
Below
Step-by-step explanation:
6% simple annual interest on the loan for 3 years so 6x3=18
So the interest of the whole amount is 18%, so now you got to find what of 18% is 90
This looks like (initial amount)x(number)%=(final amount)
x=initial amount
number%=18
final amount=90
All percentages are just number%/100. So we have either 18/100, or .18 depending on how you want to work it.
So now we do 90÷0.18 which gives you the answer 500
