Solution-What was the amount borrowed

What was the amount borrowed

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Jamie just paid off a loan of $2,544, the principal and simple interest. If he took out the loan six months ago at 12% simple interest, what was the amount borrowed?

Reference no: EM131381886

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What was the amount borrowed : Jamie just paid off a loan of $2,544, the principal and simple interest. If he took out the loan six months ago at 12% simple interest, what was the amount borrowed?

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What was the amount borrowed

Reference no: EM131381886

Reference no: EM131381886

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