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Karo-lina-s [1.5K]

2 years ago

12

You borrow money for 4 years. The total amount you repay is $7,840, which includes $840 in simple interest. How much was the pri

ncipal?

2 answers:

den301095 [7]2 years ago

6 0

Answer:

$7,000

Step-by-step explanation:

$7,840 - $840 to get the principal value

$7000

ladessa [460]2 years ago

5 0

Answer:

7000

Step-by-step explanation:

the repay amount - interest = principal

7840 - 840 = 7000

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