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meriva
3 years ago
14

Elsa took out a 2-year loan to buy a car at 6% simple interest rate if she had to pay264 in interest how much principal did she

borrow
Mathematics
1 answer:
mina [271]3 years ago
5 0
I = p * r * t
264 = p * .06 * 2
264 = .12p
Divide both sides by .12
p = $2200
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