Sarah borrows a $300 to purchase a new computer and is charged 12% simple interest. She is not required to make payments on the

Question

Sarah borrows a $300 to purchase a new computer and is charged 12% simple
interest. She is not required to make payments on the loan for two years, and she
makes one payment to pay off the loan after two years. How much was the
payment she made?
172
$372
$720
$327

Kunduz · Accepted Answer

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