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Joanna borrowed $500 at an interest rate of 8%. At the end of the loan period, she had to pay back $530. How longwas the loan for?

Joanna borrowed $500 at an interest rate of 8%. At the end of the loan period, she had to pay back $530. How longwas the loan for?
asked 85.7k views
4 votes
Joanna borrowed $500 at an interest rate of 8%. At the end of the loan period, she had to pay back $530. How longwas the loan for?

asked
User Deddu
by
8.2k points

1 Answer

3 votes

Answer:

9 months

Explanation:

answered
User Ryan Fitzgerald
by
7.8k points
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