77.9k views
4 votes
. A bank gives you a simple interest loan at a rate of 7.5%. After 5 years, you have paid the entire principal plus $76.50 in interest. What was the original amount of your loan? $280.50 $204 $20.40 $125

User Kik
by
7.9k points

1 Answer

7 votes
i think it is 204 but i am not sure
User Niels Filter
by
8.7k points