Latest exam Aptitude Question SOLUTION: Dr. Sand borrowed some money to buy new furniture for her office. She paid $245.00 simple interest on a 3.5-year loan at 3.5%. Find the principal. I got $2,400 but I was told

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(#M40042433) EXAM Numerical Ability question Keep an EYE

Dr. Sand borrowed some money to buy new furniture for her office. She paid $245.00 simple interest on a 3.5-year loan at 3.5%. Find the principal.

I got $2,400 but I was told that is not correct. What have I done wrong?

Asked In exam (10 years ago)

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