document.write( "Question 886497: loan for 3 years
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document.write( "interest rate 6%
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document.write( "$135.00 interest paid.
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document.write( "How much was borrowed?
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Algebra.Com's Answer #535939 by stanbon(75887)![]() ![]() ![]() You can put this solution on YOUR website! loan for 3 years \n" ); document.write( "interest rate 6% \n" ); document.write( " $135.00 interest paid. \n" ); document.write( " How much was borrowed? \n" ); document.write( " -------- \n" ); document.write( "Assuming simple interest:: \n" ); document.write( "I = Prt \n" ); document.write( "135 = P*0.06*3 \n" ); document.write( "P = 135/(0.18) \n" ); document.write( "Principal = $750 \n" ); document.write( "--------------------- \n" ); document.write( "Cheers, \n" ); document.write( "Stan H. \n" ); document.write( "--------------------- \n" ); document.write( " |