Ask Question
9 November, 09:48

Damon borrowed money from his grandmother 3 years ago and agreed to pay her 4% simple annual interest. At the end of 3 years, he owes her $24 in interest. How much did Damon originally borrow?

+4
Answers (1)
  1. 9 November, 10:05
    0
    200

    Step-by-step explanation:

    200*4%=8

    8*3=24

    The original amount is $200
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Damon borrowed money from his grandmother 3 years ago and agreed to pay her 4% simple annual interest. At the end of 3 years, he owes her ...” in 📗 Mathematics if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers