sisemorer703417 sisemorer703417
  • 15-02-2022
  • Mathematics
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Ellie borrows money at a year simple rate of 6 1/2% after 4 years ellie owes 39 interest
how much money did ellie borrow? show your work you didn't even give us the correct answer.

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pandaen932
pandaen932 pandaen932
  • 15-02-2022

Answer: Ellie borrowed $150.

Step-by-step explanation:

I = PRT

39 = P x 0.065 x 4

39 = P x 0.26

Divide both sides by 0.26

150 = P

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