John borrowed $8,500 for 1 year at 8% simple interest from Quicker Loans. At the end of the 1-year period, what is the total loan amount that John will need to repay Quicker Loans? $15, 300 $9, 180 $6,

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Tarnfeld asked Feb 14, 2022

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Mathematics
high-school

Tarnfeld asked Feb 14, 2022

by Tarnfeld

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Explanation:

Memphis Meng answered Feb 16, 2022

by Memphis Meng

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27 votes

Answer:

$ 9,180

Explanation:

(8,500 x 0.08) = 680

8,500 + 680 = 9,180

Leaann answered Feb 18, 2022

by Leaann

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