Selena2345
  • Selena2345
Ms.Hobson agrees to pay 11% interest on a loan for her new automobile. She is charged $2200 interest on a loan for 1 year. How much did she borrow ?
Mathematics
  • Stacey Warren - Expert brainly.com
Hey! We 've verified this expert answer for you, click below to unlock the details :)
SOLVED
At vero eos et accusamus et iusto odio dignissimos ducimus qui blanditiis praesentium voluptatum deleniti atque corrupti quos dolores et quas molestias excepturi sint occaecati cupiditate non provident, similique sunt in culpa qui officia deserunt mollitia animi, id est laborum et dolorum fuga. Et harum quidem rerum facilis est et expedita distinctio. Nam libero tempore, cum soluta nobis est eligendi optio cumque nihil impedit quo minus id quod maxime placeat facere possimus, omnis voluptas assumenda est, omnis dolor repellendus. Itaque earum rerum hic tenetur a sapiente delectus, ut aut reiciendis voluptatibus maiores alias consequatur aut perferendis doloribus asperiores repellat.
chestercat
  • chestercat
I got my questions answered at brainly.com in under 10 minutes. Go to brainly.com now for free help!
ash2326
  • ash2326
She is charged $2200 interest on a loan for 1 year Let she borrowed x , then interest to be paid in a year \[I=x\times 11\%\] interest is 2200 \[2200=x\times \frac{11}{100}\] Can you find x?
Selena2345
  • Selena2345
how do i find x?
ash2326
  • ash2326
First step: Multiply both sides by 100, what would you get?

Looking for something else?

Not the answer you are looking for? Search for more explanations.

More answers

Selena2345
  • Selena2345
which sides
ash2326
  • ash2326
\[2200\times 100=x\times \frac{11}{100}\times 100\]
Selena2345
  • Selena2345
2200 x 100=220000 11/100 x 11=11
ash2326
  • ash2326
\[220000=x\times 11\] Now divide both sides by 11 to find x
Selena2345
  • Selena2345
220000/11=20000 11/11=1
ash2326
  • ash2326
so what you got for x?
Selena2345
  • Selena2345
x=20000
ash2326
  • ash2326
Correct, this is the amount borrowed. Do you understand?
Selena2345
  • Selena2345
yes
Selena2345
  • Selena2345
Thank You Ash2326
ash2326
  • ash2326
Welcome :)

Looking for something else?

Not the answer you are looking for? Search for more explanations.