Alexa borrowed $1500 for a new laptop the loan was for three years at an annual simple interest rate of 4% what is the total amount Alexa will repay

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Rohan Rao asked May 13, 2023

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Alexa borrowed $1500 for a new laptop the loan was for three years at an annual simple interest rate of 4% what is the total amount Alexa will repay

Mathematics
high-school

Rohan Rao asked May 13, 2023

by Rohan Rao

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23 votes

Answer:

1125

Explanation:

1500÷4 so you divide that by doing the 7 and putting the 1500 and the inside and the 4 and the outside then you subtract when you fine a number that closer to get 1125

Luiz Mitidiero answered May 20, 2023

by Luiz Mitidiero

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