Anne took out a loan for $7500 and was charged at a simple interest rate of 4.7%. the total interest she paid on the loan was $141. how long was the loan in days?

the loan was 146 days

Step-by-step explanation:

The formula for simple interest is expressed as

I = PRT/100

Where

P = principal or amount loaned

R = interest rate

T = time in years.

I = interest

From the information given,

P = $7500

R = 4.7%

The total interest she paid on the loan was $141. Therefore,

I = $141. Therefore,

141 = (7500×4.7×T)/100

141 = 352.5T

T = 141/352.5 = 0.4 years

Assuming 1 year = 365 days,

0.4 years will be 0.4×365 = 146 days

answer 1 : option "c"

answer 2 : option "d"

answer 3 : option "b"

answer 4 : option "d"

answer 5 : option "b"

answer 6 : option "a"

answer 7 : option "c"

answer 8 : option "d"

answer 9 : option "c"

answer 10 : option "d"

answer 11 : option "c"

answer 12 option "b"

answer 13 option "c"

answer 14 option "c"

answer 15 option "d"

answer 16 option "a"

answer 17 option "b"

answer 18 option "c"

answer 19 option "a"

answer 20 option "a"

answer 21 option "c"

d

cant

step-by-step explanation: there is no picture