Question

jeri got a loan at 6% simple interest for 3 years. she payed back a total of 5310$. how much was the loan.

Answer 1

if she payed bk 5310 then its whatever the had b4 - 5310

Answer 2

@nosweat

Answer 3

yeah but it says "jeri got a loan at 6% simple interest for 3 years. "
so that should tell you what you need to do besides subtract 5310 from.

Answer 4

for simple interest:

A = P + (Prt)

where A is the final amount (5310)
P is the principal (which you'll solve for)
r is interest rate as a decimal (0.06)
t is time (3 yrs)

plug in and solve for P