Homework Help: Math

Posted by Rose on Thursday, December 31, 2009 at 1:12pm.

Ms. Pecho currently owes $637.50 in simple interest on a loan of $2500 at an annual interest rate of 17%. How long has she had the loan?
How do you figure out this problem? I am not merely looking for an answer, I would like to know how to do it to know if he is doing it correctly.
Thank you

Math - Ms. Sue, Thursday, December 31, 2009 at 1:15pm
Please see my answer below.

If there's something you don't understand about it, please repost.

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