gordochow430876 gordochow430876
  • 25-02-2022
  • Mathematics
contestada

Lany borrowed some money at 2% for 6 years. She paid back a total (principal + interest) of
$336. How much did she borrow?

Respuesta :

Aisin
Aisin Aisin
  • 25-02-2022

Answer:

$300

Step-by-step explanation:

2% for 6 years => She has to pay an extra of 12%.

She paid back $336 => It is 112% of what she borrowed.

To find out how much she borrowed, we do : $336 : 112% x 100% = $300

Recheck : 2% of $300 = $6
So in 6 years, it will be $36 extra.

$300 + $36 = $336.

Answer Link

Otras preguntas

Name two modern technologies that help us to monitor cyclones.
Any number that is divisible by 2 is also divisible by 8.Find a counterexample to show that the conjecture is false.24322816
cos A/1-tan A + sin A/1-cot A =sin A + cos A
Why is it 5 :30 p.m in India and 12 :00 noon in London ?
Why have stone tools survived the best ?
difference between epidermis and cork?
write an equation of the line that is:   a) parallel to the line y=4x+1, and that passes through point (2,3)  b) parallel to the line 2y-6x=9, and that passes t
what is the area of a figure with vertices(1,1), (8,1) , and (5,5)?
what skills do strong academic writers possess
i know that earth is spinning very fast but why don't we fell  it spinning ?