Ask Question
5 December, 18:17

To finance her community college education, Sarah takes out a loan for $3700. After a year Sarah decides to pay off the interest, which is 5 % of $3700. How much will she pay?

+5
Answers (1)
  1. 5 December, 19:51
    0
    So, to solve this, we use this equation:

    3700 + 0.05 (3700)

    But, if we want to make it shorter:

    1.05 (3700)

    Now you just multiply (you may want to use a calculator)

    1.05 (3700) = 3885

    She will pay $3885
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “To finance her community college education, Sarah takes out a loan for $3700. After a year Sarah decides to pay off the interest, which is ...” in 📘 Mathematics if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers