subject
Mathematics, 04.12.2019 19:31 boomerjm

Pls
2. sara borrowed $5,000 from her
father for 1 year at a simple interest
rate of 12.5% per year. over a two-
year period, she made equal
monthly payments to pay back the
loan plus the interest on the loan.
about how much was her monthly
payment?
a. $520.83
b. $468.75
c. $260.42
d. $234.38

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Answers: 1

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2. sara borrowed $5,000 from her
father for 1 year at a simple interest
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