Dilacey takes out a loan from the bank that charges a 10% interest rate. After 18 months, she accrues $420 in simple interest. How much was the loan that Dilacey took out?

My account
Edit my Profile
Private messages
My favorites

Ask a Question
Questions
Unanswered
Tags
Categories
Ask a Question

asked Sep 26, 2022 102k views

2 votes

Dilacey takes out a loan from the bank that charges a 10% interest rate. After 18 months, she accrues $420 in simple interest. How much was the loan that Dilacey took out?

Mathematics
middle-school

Fahad Sadah asked

by Fahad Sadah

6.1k points

0 Comments

Please log in or register to add a comment.

Please log in or register to answer this question.

2 Answers

10 votes

Answer:

I am pretty sure it is 250.

Charles Brandt answered Sep 29, 2022

by Charles Brandt

5.7k points

0 Comments

Please log in or register to add a comment.

12 votes

Answer:I think this is the anwer

250

Explanation:

450/18

25*10

Hope it helped

Martin Dzhonov answered Oct 3, 2022

by Martin Dzhonov

6.2k points

0 Comments

Please log in or register to add a comment.

Ask a Question

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

6.5m questions

8.7m answers

0 Comments

Please log in or register to add a comment.

Please log in or register to answer this question.

2 Answers

0 Comments

Please log in or register to add a comment.

0 Comments

Please log in or register to add a comment.

Other Questions