QuestionTo finance her community college education, Sarah takes out a loan for $\$ 3000$. After a year Sarah decides to pay off the interest, which is $7 \%$ of $\$ 3000$. How much will she pay?
Sarah will pay \$$\square$

STEP 1

STEP 2

La fórmula para calcular el interés simple es:
$$\text{Interés} = \text{Principal} \times \text{Tasa de interés}$$

STEP 3

Sustituir los valores en la fórmula:
$$\text{Interés} = 3000 \times 0.07$$

STEP 4

Calcular el interés:
$$\text{Interés} = 3000 \times 0.07 = 210$$
Sarah pagará \$ \(\boxed{210}\).