1. Marie took out a loan for $250 for a Nintendo Switch. She plans to pay the 1 point loan off in 18 months. At an annual interest rate of 7%, how much will Marie have paid altogether for the Nintendo

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asked Nov 20, 2022 173k views

17 votes

1. Marie took out a loan for $250 for a Nintendo Switch. She plans to pay the 1 point

loan off in 18 months. At an annual interest rate of 7%, how much will Marie
have paid altogether for the Nintendo Switch? *

Mathematics
high-school

Germankiwi asked

by Germankiwi

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1 Answer

7 votes

Answer: $276.25

Explanation:

250 times .07 = 17.5

17.5 times 1.5 = 26.25

250 + 26.25 = 276.25

Franchb answered Nov 24, 2022

by Franchb

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