A friend lends you $900, which you agree to repay with 3% interest. How much will you have to repay? How much of that was interest?

Intermediate Algebra
19th Edition
ISBN:9780998625720
Author:Lynn Marecek
Publisher:Lynn Marecek
Chapter2: Solving Linear Equations
Section2.2: Use A Problem Solving Strategy
Problem 2.50TI: Susana invested a principal of $36,000 in her bank account that earned simple interest at an...
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A friend lends you $900, which you agree to repay with 3% interest.
How much will you have to repay?
How much of that was interest?
Transcribed Image Text:A friend lends you $900, which you agree to repay with 3% interest. How much will you have to repay? How much of that was interest?
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