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A repair company borrows money to purchase new trucks. The interest paidon the loan is $1,440. This is 6% of the loan. How much money is borrowed?

A repair company borrows money to purchase new trucks. The interest paidon the loan is $1,440. This is 6% of the loan. How much money is borrowed?

Holt Mcdougal Larson Pre-algebra: Student Edition 2012
Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter7: Percents
Section: Chapter Questions
Problem 14PTTS
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A repair company borrows money to purchase new trucks. The interest paid
on the loan is $1,440. This is 6% of the loan. How much money is borrowed?

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