441,268 views
18 votes
18 votes
Megan used a simple interest loan to borrow $300 for college textbooks. The interest rate 7%, and she will pay the money back in 6 months. What is the total amount she will pay back

User PasteBT
by
2.9k points

2 Answers

14 votes
14 votes

Answer:

$321.00?

Explanation:

hope this helps! if this is wrong im sorry :(

User Kwerle
by
2.8k points
14 votes
14 votes

Answer:

she will owe $321.00

Explanation:

$300 x.07=$21 $300 +$21 = $321

User Ashish Dwivedi
by
3.2k points