Eva Maria borrowed money from her father and agreed to pay him 4% simple annual interest. At the end of 7 years, Eva Maria owes $1736 in interest. What amount did Eva Maria borrow from her father?

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asked Apr 27, 2018 6.1k views

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Eva Maria borrowed money from her father and agreed to pay him 4% simple annual interest. At the end of 7 years, Eva Maria owes $1736 in interest. What amount did Eva Maria borrow from her father?

Mathematics
middle-school

Nirvdrum asked

by Nirvdrum

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2 Answers

5 votes

Answer:

D 6200

Step-by-step explanation: big brain

Hasanthi answered Apr 30, 2018

by Hasanthi

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4% simple interest after 7 years is 28% interest.

$1736 interest is 28% of $6,200

Yissel answered May 3, 2018

by Yissel

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