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Bobby borrowed $500 at 12 percent simple annual interest. He paid back $680 to pay off the loan. How many years did it take Bobby to pay back the loan? 3 4 11 12
This is urgent please help!

Respuesta :

Answer:

12% of 500 is 600

year 1. 560$

year 2. 620$

year 3. 680$

it took 3 years for bobby to pay the loan

Step-by-step explanation:

Answer:

3 years

Step-by-step explanation: