Eduardo paid $6,596.25 in interest at 7.5% over 5 years. He borrowed:

Question

Accepted Answer

D. $17,590

1. Rate times time is 0.375.
2. Divide 6,596.25 by 0.375.
3. The principal was 17,590.
_Source: OpenStax Elementary Algebra 2e, Chapter 3, Solve Percent Applications (CC BY 4.0)._

Answer

$13,192

Answer

$26,385

Answer

$8,795

Eduardo paid $6,596.25 in interest at 7.5% over 5 years. He borrowed:

Keep practising Profit and Loss