+0  
 
0
1742
1
avatar

Jodi borrowed money from her aunt and agreed to pay her 5% simple annual interest. At the end of 3 years, she owes $30 in interest. How much did Jodi originally borrow? A:$150 B:$200 C:$220 D:$300

 Dec 10, 2016
 #1
avatar+37084 
0

Her interst will be   x (.05)(3yrs)       where x is the amount she borrowed

x(.05)(3) = 30

x  = 30 /(.05*3) = $ 200.

 Dec 10, 2016

7 Online Users

avatar
avatar
avatar
avatar