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maureen borrowed $700 at 14% simple interest for one year. If she makes no payments that year, how much interest will she owe at the end of the year
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3 votes
maureen borrowed $700 at 14% simple interest for one year. If she makes no payments that year, how much interest will she owe at the end of the year

User Tomas Kirda
by
8.8k points

2 Answers

5 votes

Answer:

700 x 14& = 98

Explanation:

User DDDD
by
7.8k points
4 votes

Answer: $98 in interest

Explanation:

You take 700 divided by .14 = $98

User Akashrajkn
by
8.1k points
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