menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Mathematics
  3. Study Set
    Math in Our World Study Set 1
  4. Exam
    Exam 7: Consumer Mathematics
  5. Question
    Angela Borrowed $300 at 16% Simple Interest to Buy a Chair
Solved

Angela Borrowed $300 at 16% Simple Interest to Buy a Chair

Question 120

Question 120

Short Answer

Angela borrowed $300 at 16% simple interest to buy a chair. Find the term of the loan if the
interest was $384.00.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q115: Express 13.6% as a decimal.<br>A)13.6<br>B)1.36<br>C)1,360<br>D)0.136

Q116: A real estate agent received a 3%

Q117: Max borrows $18,500 for her last 3

Q118: A house has a $150,500.00 mortgage at

Q119: Jin pays $341.38 every six months for

Q121: Express 29% as a fraction.

Q122: Find the simple interest on a loan

Q123: The (also known as the annual yield)is

Q124: Find the amount of interest earned. <img

Q125: The amount that an investor receives from

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines