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anonymous
 4 years ago
Amy got a $1,000 loan from her bank, and she had to repay $1,550. What are the principal and interest amounts in this transaction?
anonymous
 4 years ago
Amy got a $1,000 loan from her bank, and she had to repay $1,550. What are the principal and interest amounts in this transaction?

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anonymous
 4 years ago
Best ResponseYou've already chosen the best response.0A. principal is $1,000; interest is $1,550 B. principal is $1,550; interest is $550 C. principal is $1,000; interest is $550

bahrom7893
 4 years ago
Best ResponseYou've already chosen the best response.1can u give me the definitions of principal and interest amounts?

anonymous
 4 years ago
Best ResponseYou've already chosen the best response.0I think it's C but I'm not sure about the definitions of principal and interest :p

bahrom7893
 4 years ago
Best ResponseYou've already chosen the best response.1lol me too, just don't wanna give out false info.. when in doubt, ask haha

anonymous
 4 years ago
Best ResponseYou've already chosen the best response.0The problem in my case is that I don't speak English very well so I can misunderstand things, I always learned math in Spanish.
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