Solve the problem.
-Jack borrowed $1,110 from his brother. Jack's brother wants 9 monthly payments of $140 to repay the loan. How much extra is Jack's brother charging for the loan?
A)$1,260
B)$150
C)$1,360
D)$10

Question

Quizplus · Accepted Answer

The total repayment is 9 payments of $140, which equals $1,260. Subtracting the original loan amount of $1,110 from this gives an extra charge of $150.

Solve the Problem. -Jack Borrowed $1,110 from His Brother. Jack's Brother Wants 9