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Valerie took out a loan to pay off some bills. She borrowed $1,200 at an annual interest rate of 9%. How much interest did she pay on the loan the first year? $108 $120 $150 $16…

Valerie took out a loan to pay off some bills. She borrowed $1,200 at an annual interest rate of 9%. How much interest did she pay on the loan the first year? $108 $120 $150 $16…
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Valerie took out a loan to pay off some bills. She borrowed $1,200 at an annual interest rate of 9%. How much interest did she pay on the loan the first year?

$108
$120
$150
$162.50

asked
User Yaroslav Bulatov
by
7.8k points

1 Answer

2 votes

Answer: 150

Step-by-step explanation: stuffs marshmello in your mouth until u drop !!!

answered
User Orca
by
7.9k points
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