Question
Jean borrowed $1300 to buy tools for her job as an auto mechanic. The loan is for 1 year 6 months at 9% simple interest. Find the amount she will pay back at the end of the loan period.
Answers
1300 * 1.5 * 1.09
P = Po + Po*r*t.
P = 1300 + 1300*0.09*1.5 =
P = 1300 + 1300*0.09*1.5 =
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