asked 225k views
4 votes
Alexa borrowed $1500 for a new laptop the loan was for three years at an annual simple interest rate of 4% what is the total amount Alexa will repay

asked
User Alpartis
by
7.8k points

1 Answer

4 votes

Answer:

1125

Explanation:

1500÷4 so you divide that by doing the 7 and putting the 1500 and the inside and the 4 and the outside then you subtract when you fine a number that closer to get 1125

answered
User Themis Beris
by
7.3k points
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