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4 years ago

13

Victor borrowed money at 5.25 percent simple annual interest. At the end of the year, the interest on the loan $255.94. What was

the amount of the loan?

1 answer:

Kay [80]4 years ago

6 0

Answer:

$243.17

Step-by-step explanation:

X+(X*5.25/100)=255.94

Make x the subject

X=243.17

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