Question

a girl borrowed $1,860 to buy a computer. she will pay it back over 2.5 years with a 6% interest rate. how much will she pay total for the computer?

Answer 1

6/100 = 0.06

1860 * 0.06 = 111.6

1860 + 111.6 = 1971.6

She will pay $1971.60 total for the computer.