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Author Question: Louis took out a loan to pay off his new car, and four months later, has to pay back $8752. This ... (Read 711 times)

Mollykgkg

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Question 1

On New Years' Day in 2014, Legend's Hair Emporium borrowed a sum of money, and promised to pay $11 781 back on October 28, 2014. This loan included interest at 1.4%. How much money was initially borrowed on New Years' Day by Legends Hair Emporium?

Question 2

Louis took out a loan to pay off his new car, and four months later, has to pay back $8752. This figure also includes a 0.93% interest rate. How much did Louis originally borrow?


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Marked as best answer by Mollykgkg on Jun 6, 2019

nguyenhoanhat

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