Mr. and Mrs. Jones have a personal loan of $13,600. They have paid off 3/8 of the loan. How much of the loan have they paid off?

Question

Mr. and Mrs. Jones have a personal loan of $13,600. They have paid off 3/8
of the loan. How much of the loan have they paid off?

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Emery 2 weeks 2021-09-09T17:31:52+00:00 1 Answer 0

Answers ( )

    0
    2021-09-09T17:33:43+00:00

    Answer:

    $5,100

    Step-by-step explanation:

    total amount of the loan: $13,600

    part paid:  \frac{3}{8}

    The question is how much of the $13,600 does the \frac{3}{8} that they already paid represent.

    For this we need to multiply \frac{3}{8}  by 13,600 :

    \frac{3}{8}(13,600) \\\\=\frac{3*13,600}{8}\\ \\=\frac{40,800}{8}\\ \\=5,100

    we found that three eighths of $13,600  is equal to $5,100.

    Thus they have paid off $5,100 of the loan.

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