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To finance her community college education, Sarah takes out a loan of $2700. After a year she decides to pay off the interest, which is 5% of $2700. How much will she pay?

To finance her community college education, Sarah takes out a loan of $2700. After a year she decides to pay off the interest, which is 5% of $2700. How much will she pay?
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To finance her community college education, Sarah takes out a loan of $2700. After a year she decides to pay off the interest, which is 5% of $2700. How much will she pay?

User Shish
by
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1 Answer

4 votes

Answer:

The interest amount is $135 dollars.

Explanation:

User Vani
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