OpenStax, Prealgebra 2e §6.4 Solve Simple Interest Applications · Exercise 38 · Algebra · Algebra word problems

Solve Simple Interest Applications · Exercise 38

Solve the problem using the simple interest formula.

Yuta borrowed $\$ \text{840} $f r o mhi s b r o t h er t o p a y f or hi s t e x t b oo k s an d p r o mi se d t o p a y himba c k in$ 5 $m o n t h s a t a$ \text{6}\%$ rate of interest. How much interest did Yuta owe his brother?

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OpenStax, Prealgebra 2e · §6.4 Solve Simple Interest Applications · Exercise 38

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