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Mathematics

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John borrowed $8,500 for 1 year at 8% simple interest from Quicker Loans. At the end of the 1-year period, what is the total loan amount that John will need to repay
Quicker Loans?
$15, 300
$9, 180
$6,800
$680

Answer :

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Answer:

a.

Step-by-step explanation:

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Answer:

$ 9,180

Step-by-step explanation:

(8,500 x 0.08) = 680

8,500 + 680 = 9,180

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