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Contemporary Mathematics for Business and Consumers 7th Edition by Robert Brechner ,George Bergeman
Edition 7ISBN: 978-1285448596Contemporary Mathematics for Business and Consumers 7th Edition by Robert Brechner ,George Bergeman
Edition 7ISBN: 978-1285448596 Exercise 141
Solve the following word problems. Round to the nearest cent when necessary.
Katie Chalmers borrowed money from her credit union at 13.2% simple interest to buy furniture. If the loan was repaid in 2
years and the amount of interest was $1,320, how much did Katie borrow?
Katie Chalmers borrowed money from her credit union at 13.2% simple interest to buy furniture. If the loan was repaid in 2
years and the amount of interest was $1,320, how much did Katie borrow?Explanation
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To find the amount Katie, use the formul...
Contemporary Mathematics for Business and Consumers 7th Edition by Robert Brechner ,George Bergeman
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