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Mathematics, 26.10.2021 14:10 viktoria1198zz

Karine took out a one-year loan for her new appliances. The a store representative offered him two ways to reimburse him.
1st way: Weekly payment

She pays a small amount every week during the year.
.
2nd way: Monthly payment

She pays an amount every month during the year. This amount is
equivalent to $ 300 more than weekly payment.
.
In both situations, the total payments are the same because the loan is
always the same.
What is the loan amount?

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Answers: 2

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