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OpenStudy (anonymous):
Help? Please? [: medals and a new fan! Borrowed: $800 Loan type: single payment Interest rate: 15% Time of loan: 3 months Amount to repay: _________ Multiple Choice -$920 -$860 -$830
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OpenStudy (anonymous):
Okay. $800 + 15%(5% for each month)= x x = your answer. Therefore, find 15% of $800, then add it on to $800 to get your answer.
OpenStudy (anonymous):
15% of $800 is $120. $800 + $120 = $920. Your answer is $920.
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