SOLUTION: A girl bought a car for $3,300. She made a first payment for $1,200 and borrowed the remaining money from a bank at a rate of 10% per annum. At the end of one year, she paid a cert

Algebra ->  Customizable Word Problem Solvers  -> Finance -> SOLUTION: A girl bought a car for $3,300. She made a first payment for $1,200 and borrowed the remaining money from a bank at a rate of 10% per annum. At the end of one year, she paid a cert      Log On

Ad: Over 600 Algebra Word Problems at edhelper.com


   



Question 457486: A girl bought a car for $3,300. She made a first payment for $1,200 and borrowed the remaining money from a bank at a rate of 10% per annum. At the end of one year, she paid a certain sum to the bank after which she still owned $900. Calculate the sum she repaid.
*Please answer as soon as possible.

Answer by josmiceli(19441) About Me  (Show Source):
You can put this solution on YOUR website!
+3300+-+1200+=+2100+ (what she owed after down payment )
+2100+%2B+.1%2A2100+=+2310+ ( what she owed the bank )
+2310+-+900+=+1410+ ( what she repaid bank )