Elsa took out a 2-year loan to buy a car at a 6% simple interest rate.
If she has to pay $264 in interest, how much principal did she borrow?

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02-12-2022
Mathematics

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Elsa took out a 2-year loan to buy a car at a 6% simple interest rate.
If she has to pay $264 in interest, how much principal did she borrow?

Show your work, marking brainiest

Sagot :

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Elsa took out a 2-year loan to buy a car at a 6% simple interest rate. If she has to pay $264 in interest, how much principal did she borrow? Show your work, marking brainiest

Sagot :

Other Questions

Elsa took out a 2-year loan to buy a car at a 6% simple interest rate.
If she has to pay $264 in interest, how much principal did she borrow?

Show your work, marking brainiest