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30 votes
30 votes
Lucky Champ owes $204.00 interest on a 8% loan he took out on his March 17. The loan is due on August 17. What is the principal?

User Meteorpoly
by
2.7k points

2 Answers

5 votes
5 votes

Answer:

2,550 dollars hope u get a good grade

Explanation:

User Avantaj Tvm
by
3.0k points
25 votes
25 votes

the andswer is 220.32

Explanation:

when you take 204 times the 8percent interest

204 x .08

you get 16.32

now add 16.32 and 204 and thats what you owe for your loan

User Folen Gateis
by
2.7k points
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