Post a New Question


posted by .

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 -

    Please see my answer below.

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

Answer This Question

First Name
School Subject
Your Answer

Related Questions

More Related Questions

Post a New Question