Question

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

Answer 1

$321.00?

Explanation:

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

Answer 2

she will owe $321.00

Explanation:

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