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Mr. Weller paid $350.00 interest for a two-year loan, at 3.5% simple annual interest. How much money did he borrow?
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40 votes
40 votes
Mr. Weller paid $350.00 interest for a two-year loan, at 3.5% simple annual interest. How much money did he borrow?

User MichaelW
by
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2 Answers

11 votes
11 votes
the answer would be $5,000
User Matiasf
by
2.1k points
10 votes
10 votes

Answer:

$5,000

Explanation:

User VAndrei
by
2.4k points
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