SOLUTION: Solve the problem: To finance her community college education, Joanna takes out a stafford loan for $4500. After one year, Joanna decides to pay off the interst which is 8% of $4

Algebra ->  Numeric Fractions Calculators, Lesson and Practice -> SOLUTION: Solve the problem: To finance her community college education, Joanna takes out a stafford loan for $4500. After one year, Joanna decides to pay off the interst which is 8% of $4      Log On


   



Question 594054: Solve the problem:
To finance her community college education, Joanna takes out a stafford loan for $4500. After one year, Joanna decides to pay off the interst which is 8%
of $4500. How much will she pay?

Answer by ExplanationCentral(10) About Me  (Show Source):
You can put this solution on YOUR website!
The equation is 4500*0.08 = 360 is the interest she will pay.