Math, asked by juanroldan0507, 7 months ago

Víctor borrwed money at 5.25 percent simple annual interest. At the end of the year,the interest in the lían is $255.94 .What was the amount of the load?

Answers

Answered by gooda2

3

Answer:

loan = $4875.05

Step-by-step explanation:

5.25% of loan = $255.94

5.25/100*loan = 255.94

5.25*loan = 25594

loan = 25594/5.25

loan = 4875.04762

loan = $4875.05 (to 2dp)

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