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Mindy has been waiting for a particular computer to go on sale, and she has already saved $275. After sales tax, the price of the computer is $740.94. Mindy borrows the remaining amount from her older sister at a simple interest rate of 4% per year and agrees to pay the entire loan back all at once at the end of 1.5 years.
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"she has already saved $275. After sales tax, the price of the computer is $740.94" so how much does she need to borrow?
What is the question? You've only given us facts. Is the question: How much will she have to pay her sister at the end of 1.5 years?
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