# Algebra 1

posted by
**Dayana**
.

What is the entire balanced owed for a loan of $750 at a simple interest rate of 4% per year for 1.5 years?

I just don't really know if the $750 is the interest or principle...

posted by
**Dayana**
.

What is the entire balanced owed for a loan of $750 at a simple interest rate of 4% per year for 1.5 years?

I just don't really know if the $750 is the interest or principle...