<PRE><B>Question 132947</B>
To finance her community college education, Sarah takes out a loan for $3600.  After a year Sarah decides to pay off the interest, which is 7% of $3600.  How much will she pay?

The question tells you that the interest is 7% of $3600, right?

Interest = 0.07 times 3600

Interest = $252

So, Sarah will have to pay $252 for the amount of money that was given to her in the loan for school.

Is this clear?

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