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Jaya agreed to give matt a loan for $80 but she’ll also be charging him 8% interest.How much will he have to pay her back

User Nhydock
by
5.1k points

2 Answers

1 vote
Answer $86.40

Step-by-step explanation:
Part. %
——- ——-
Whole. 100
User Cicakman
by
5.5k points
5 votes

Answer:

Step-by-step explanation:

Let organise our information :

  • Jaya will charge Matt an 8 percent interest for 80 dollars loan

we can say that :

  • 80 dollars⇒ 100 percent

x ⇒ 8 percent

so :

  • x =( 8*80 )/ 100

= 6.4

so the interest is 6.4 dollars

so the total cost is 86.4

User Solo Omsarashvili
by
5.1k points