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lilavasa [31]
3 years ago
6

Three years ago, Claire borrowed money from her father to pay for a class trip. She agreed to pay 6% simple annual interest on t

he loan. Now she owes him $90 in interest, plus the principal amount. How much did Claire borrow?
Mathematics
2 answers:
slega [8]3 years ago
4 0

Answer:

500

Step-by-step explanation:

Nadya [2.5K]3 years ago
3 0

Answer:

Claire borrowed $500 from her father.

Step-by-step explanation:

Interest = $90

p = ?

r = 6% or 0.06

t = 3

Simple interest formula is :

I=p\times r\times t

Putting values in formula we get;

90=p\times0.06\times3

90=0.18p

p = $500

Hence, Claire borrowed $500 from her father.

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