Jimena finances a $4,200 furniture purchase. The store offers 3% simple interest, and Jimena will pay off the balance in 6 months. How much simple interest will Jimena pay the store? A) $63.00 B) $7,560.00 (INCORRECT) C) $630.00 D) $756.00
Jimena finances a $4,200 furniture purchase. The store offers 3% simple interest, and Jimena will pay off the balance in 6 months. How much simple interest will Jimena pay the store? A) $63.00 B) $7,560.00 (INCORRECT) C) $630.00 D) $756.00
Chapter2: Solving Linear Equations
Section2.2: Use A Problem Solving Strategy
Problem 2.53TI: Eduardo noticed that his new car loan papers stated that with a 7.5% simple interest rate, he would...
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Jimena finances a $4,200 furniture purchase. The store offers 3% simple interest, and Jimena will pay off the balance in 6 months.
How much simple interest will Jimena pay the store?
A) $63.00
B) $7,560.00 (INCORRECT)
C) $630.00
D) $756.00
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