SOLUTION: To finance her community college​ education, Sarah takes out a loan for ​$3000. After a year Sarah decides to pay off the​ interest, which is 8​% of ​$3000. How much will

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Question 1144334: To finance her community college​ education, Sarah takes out a loan for ​$3000. After a year Sarah decides to pay off the​ interest, which is 8​% of ​$3000. How much will she​ pay?
Answer by ikleyn(52797)   (Show Source): You can put this solution on YOUR website!
.

8% of $3000  is  0.08*3000 = 240 dollars.


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