# Math

posted by Juliana

Leroy borrowed \$8250 to be repaid after 3 years at an annual simple interest rate of 7.25%. How much interest will be due after 3 years? How much will Leroy have to repay?

How do I set this up?

1. Ms. Sue

I = PRT

I = 8250 * 0.0725 * 3

I = ?

2. diamond

ms. sue! can your go back on my question and help me?!!

3. Juliana

For my answer so got \$1794.38. Is this correct?

4. Ms. Sue

Yes. That's right.

5. Juliana

Thank you.

6. Ms. Sue

You're welcome.

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