SOLUTION: 1. write as a fraction in simplified form. 152% 7 3/4% 2. wanda borrowed &3000 at a simple interset rate of 16%. a.How much interest did she pay in si

Algebra ->  Percentages: Solvers, Trainers, Word Problems and pie charts -> SOLUTION: 1. write as a fraction in simplified form. 152% 7 3/4% 2. wanda borrowed &3000 at a simple interset rate of 16%. a.How much interest did she pay in si      Log On


   

Question 100611: 1. write as a fraction in simplified form.

152% 7 3/4%

2. wanda borrowed &3000 at a simple interset rate of 16%.
a.How much interest did she pay in six months?
b.How much interest did she pay in two years?
Answer by checkley71(8403) About Me  (Show Source):
You can put this solution on YOUR website!
152/100=76/50=38/25
(7 3/4)/100=7.75/100=1.55/20=.31/4
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3000*.16*.5=240 INTEREST FOR 6 MONTHS.
3000*.16*2=960 INTEREST FOR 2 YEARS.