document.write( "Question 192866: A consumer loan is made at 10.0% over a 3.5 year period. If $2,125 in interest is paid, what is the principal? What is the total amount paid by the consumer? Report the results to the nearest penny.
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Algebra.Com's Answer #144758 by stanbon(75887) ![]() You can put this solution on YOUR website! A consumer loan is made at 10.0% over a 3.5 year period. If $2,125 in interest is paid, what is the principal? What is the total amount paid by the consumer? Report the results to the nearest penny. \n" ); document.write( "--------------------------- \n" ); document.write( "I = Prt \n" ); document.write( "2125 = P*0.10*3.5 \n" ); document.write( "P = $6071.43 \n" ); document.write( "===================== \n" ); document.write( "Cheers, \n" ); document.write( "Stan H> \n" ); document.write( " |