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16 June, 12:30

Travis wants to borrow money to start a racquetball club at his school. He convinced the athletic department to loan him $2,500 to purchase equipment and rent a practice facility. Travis agreed to an interest rate of 7%, and to pay back the money at the end of the year. How much money will Travis have to pay back to the athletic department? $2,500 $2,750 $2,675 $2,425 ... its c

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  1. 16 June, 12:41
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    It's c because you times 2500 by. 07 then add that amount to 2500.
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