SOLUTION: I loaned $75,000 personal loan at 3 percent. How much would the person owe me per month? The loan will be paid back in 6 months.

Algebra ->  Customizable Word Problem Solvers  -> Finance -> SOLUTION: I loaned $75,000 personal loan at 3 percent. How much would the person owe me per month? The loan will be paid back in 6 months.       Log On

Ad: Over 600 Algebra Word Problems at edhelper.com


    

Question 1090606: I loaned $75,000 personal loan at 3 percent. How much would the person owe me per month? The loan will be paid back in 6 months.
Answer by Fombitz(32388) About Me  (Show Source):
You can put this solution on YOUR website!
3% over what time period? Per month? Per year?