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A student borrows $1,500 to pay for college textbooks. The student has to make equal monthly payments for one year of $150 each. What is the total loan repayment amount? A. 1500…

A student borrows $1,500 to pay for college textbooks. The student has to make equal monthly payments for one year of $150 each. What is the total loan repayment amount? A. 1500…
asked 126k views
4 votes
A student borrows $1,500 to pay for college textbooks. The student has to make equal monthly payments for one year of $150 each. What is the total loan repayment amount?

A. 1500
B. 1800
C. 1650
D. 3300

asked
User Mrkwjc
by
8.2k points

2 Answers

0 votes

Answer:

1800

Explanation:

150 times 12

answered
User Pouya Heydari
by
8.2k points
5 votes

Answer:

B. 1800

Explanation:

12 months = 1 year 12x$150=1800

answered
User Sodhankit
by
8.5k points
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