If Joshua borrows $300 from his older sister to buy a bike and he promises to pay the total amount plus 5% simple interest in one year how do I describe how to find the total amount to pay on a loan when

Callmebob asked Jun 18, 2023

500,918 views

0 votes

Callmebob asked Jun 18, 2023

2.9k points

Your comment on this question:

Email me at this address if a comment is added after mine:Email me if a comment is added after mine

Privacy: Your email address will only be used for sending these notifications.

Email me at this address if my answer is selected or commented on:Email me if my answer is selected or commented on

Privacy: Your email address will only be used for sending these notifications.

19 votes

Answer:

you multiply 300 by 5 % and that gives you 15

Explanation:

Anirus answered Jun 24, 2023

2.9k points

Email me at this address if a comment is added after mine:Email me if a comment is added after mine

Privacy: Your email address will only be used for sending these notifications.

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

1.6m questions

2.0m answers