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Victor borrowed money at 5.25 percent simple annual interest. At the end of the year, the interest on the loan is $255.94. What was the amount of the loan? A:$13.44 B:$134.37 C:$1,343.69 D:$4,875.05
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5 votes
5 votes
Victor borrowed money at 5.25 percent simple annual interest. At the end of the year, the interest on the loan is $255.94. What was the amount of the loan?

A:$13.44
B:$134.37
C:$1,343.69
D:$4,875.05

User Kfan
by
2.9k points

2 Answers

7 votes
7 votes

Answer:

ITS C

Explanation:

User ClusterBuddy
by
3.3k points
12 votes
12 votes

Answer:

A) $13.44

Explanation:

User Okeisha
by
3.0k points
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