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3 votes
Helppp please

Eliza loaned her friend $1,750 to help pay for school tuition. Her friend pays Eliza back in 1 year with 8% simple interest, how much will her friend pay Eliza?

User Vadym K
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1 Answer

3 votes

So 140 is the simple interest fee of 8% so 8% that her friend is charging her is only 140. So you can add that to the original price to know ALL of what she is gonna pay but that depends of you just want the fee or the whole total which is 1890

User Sasha Nikolic
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