Martin takes out a simple interest loan at 3%. After 12 months the amount of interest on the loan is $46.14. What was th
Posted: Thu May 12, 2022 9:44 am
Martin takes out a simple interest loan at 3%. After 12 months the amount of interest on the loan is $46.14. What was the amount of the loan? Assume that simple interest is being calculated. Round the answer to the nearest dollar O A. $1.499 B. $1538 C. $1.753 D. S15