Respuesta :
Answer:
Using the formula of Simple Interest, we find that he borrowed $2585.
Step-by-step explanation:
The formula to calculate the interest is I = Prt. Here P is the principle amount, r is the rate and t is time period in years.
Given that I is $117, r is 7.3% and t is 225 days. Converting t in years, we get t = 0.62 years. We have to find the P.
P = I / rt
P = 117 / (0.073 × 0.62)
P = 2585
So using the formula of Simple Interest, we find that Shen borrowed $2585.
For more explanation, refer the following link:
https://brainly.com/question/2294792
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