Deandre borrowed money from a credit union for 5 years and was charged simple interest at an annual rate of 7%. The total interest that he paid was $1400.
How much money did he borrow?
If necessary, refer to the list of financial formulas.
$0 please tell me how much money he borrowed

Question

06-12-2022
Mathematics

Answered

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Deandre borrowed money from a credit union for 5 years and was charged simple interest at an annual rate of 7%. The total interest that he paid was $1400.
How much money did he borrow?
If necessary, refer to the list of financial formulas.
$0 please tell me how much money he borrowed

Sagot :

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