SOLUTION: alice took a simple interest loan to purchase carpet for her house. the interest on the loan was $1081.43. if the interest rate was 9.75% for 3 years, what was the price od the car
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Question 1144136: alice took a simple interest loan to purchase carpet for her house. the interest on the loan was $1081.43. if the interest rate was 9.75% for 3 years, what was the price od the carpet Answer by Alan3354(69443) (Show Source):
You can put this solution on YOUR website! alice took a simple interest loan to purchase carpet for her house. the interest on the loan was $1081.43. if the interest rate was 9.75% for 3 years, what was the price od the carpet
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SI = Amt*(Int rate)*(# of years).
Sub and solve for Amt
