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denis-greek [22]
3 years ago
10

Mia borrowed 5,000 from her grandparents to pay college expenses. She pays them 125 each month,and simple interest at an annual

rate of 5% on the remaining valence of the loan at the end of the year?
How many months will it take her to pay the loan off? Explain.
Mathematics
1 answer:
ivanzaharov [21]3 years ago
8 0
It will take her 40 months
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Answer:

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Step-by-step explanation:

* Lets explain how to solve the problem

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* Lets solve the problem

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