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Maths

posted by on .

Solve the problem. Assume that simple interest is being calculated. Round
your answer to the nearest cent.
Susie borrowed $7500. from a bank for 18 months with interest of 5% per
year. Find the total amount she repaid on the due date of the loan. (Use: I=prt)

  • Maths - ,

    I = prt
    I = 7500 * 0.05 * 1.5

    Solve for I

    Then add the interest to $7500 to find the total amount.

  • Maths - ,

    Thank you

  • Maths - ,

    You're welcome.

  • Maths - ,

    %10 of $850 is?

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