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Scott takes a student loan to go to college after high school. If he pays $750 in interest at a rate of 3%, how much must the loan have been for originally?

Scott takes a student loan to go to college after high school. If he pays $750 in interest at a rate of 3%, how much must the loan have been for originally?
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Scott takes a student loan to go to college after high school. If he pays $750 in interest at a rate of 3%, how much must the loan have been for originally?

User Hlib
by
8.1k points

1 Answer

1 vote

Answer:

727.50

Explanation:

User Graney
by
8.0k points
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