Question 1091049
{{{ 195*4*12 = 9360 }}}
She paid $9,360 over 4 yrs
{{{ 9360 - 7800 = 1560 }}}
The interest she paid was $1,560
{{{ 1560/7800 = .2 }}}
{{{ .2*100 = 20 }}}
She paid 20% in simple interest