Answer:
Total amount pay after 3 week = $147.5
Step-by-step explanation:
Given:
Amount of loan taken = $125
Amount interest per $100 = $6 per week
Find:
Total amount pay after 3 week
Computation:
Amount of interest per week = 125[6/100]
Amount of interest per week = $7.5 per week
Amount of interest in three week = 3 x Amount of interest per week
Amount of interest in three week = 3 x 7.5
Amount of interest in three week = $22.5
Total amount pay after 3 week = Amount of loan taken + Amount of interest in three week
Total amount pay after 3 week = 125 + 22.5
Total amount pay after 3 week = $147.5
