Morgan's mom wants to borrow $720 to buy a new computer. The store will charge her 8% simple interest for one year. How much wil
l she have to pay back if she pays the full amount in one year?
2 answers:
Answer:
$777.60
Step-by-step explanation:
8/100 = 0.08
0.08 * 720 = 57.6
57.6 + 720 = 777.6
Answer:
Step-by-step explanation:
8/100*720=5760/100
=$57.6
$720-$57.6=$662.4
she will pay back $662.4.
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