Question

Mr. and Mrs. Jones have a personal loan of $13,600. They have paid off 3/8

Answer 1

Answer:

$5,100

Step-by-step explanation:

total amount of the loan: $13,600

part paid:  $\frac{3}{8}$

The question is how much of the $13,600 does the $\frac{3}{8}$ that they already paid represent.

For this we need to multiply $\frac{3}{8}$  by 13,600 :

$\frac{3}{8}(13,600) \\\\=\frac{3*13,600}{8}\\ \\=\frac{40,800}{8}\\ \\=5,100$

we found that three eighths of $13,600  is equal to $5,100.

Thus they have paid off $5,100 of the loan.