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Maureen borrowed $700 at 14% simple interest for one year. If she makes no payments that year, how much interest will she owe at the end of the year

Maureen borrowed $700 at 14% simple interest for one year. If she makes no payments that year, how much interest will she owe at the end of the year
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3 votes
maureen borrowed $700 at 14% simple interest for one year. If she makes no payments that year, how much interest will she owe at the end of the year

asked
User Tomas Kirda
by
8.8k points

2 Answers

5 votes

Answer:

700 x 14& = 98

Explanation:

answered
User DDDD
by
7.8k points
4 votes

Answer: $98 in interest

Explanation:

You take 700 divided by .14 = $98

answered
User Akashrajkn
by
8.3k points
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