QuinaMartinez QuinaMartinez
  • 25-04-2017
  • Mathematics
contestada

The following information is known about a loan.

Time = 7 years
Interest rate = 6%
Interest = $840.00

What was the principal on the loan?

Respuesta :

fussellk
fussellk fussellk
  • 25-04-2017
Use the formula I = PRT.....you'll get $2000
Answer Link
alyciascott6
alyciascott6 alyciascott6
  • 26-07-2019

Answer:2000

Step-by-step explanation:

Answer Link

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