web2.0calc
 
+0  
 

simple interest

0
1315
1
avatar
mrs. castro is given a loan for 2.5 years. the interest rate charged was 5%. if she was required to pay $181.25 in interest how much money did she borrow?
 Feb 7, 2012

1+0 Answers

 #1
avatar+3144 
0
[input]x*0.05+x*0.05+x*0.05/2=181.25[/input]
 Feb 7, 2012

2 Online Users

Top Users

avatar+128460 CPhill moderator
avatar+118608 Melody moderator
avatar+33615 Alan moderator
avatar+14913 asinus moderator
avatar+9519 MaxWong
avatar+3144 admin administrator
avatar+2440 GingerAle
avatar+1763 tomtom
avatar+1484 bader
avatar+1085 parmen
avatar+1032 kittykat

Sticky Topics