Megan wants to buy a scooter that costs $2,490. She deposits $2,000 into her savings account that earns 7% simple interest. How long must Megan leave the money in the savings account to be able to buy the scooter?

Ricky takes out a $31,800 student loan to pay his expenses while he is in college. after graduation, he will begin making payments of $190.66 per month for the next 30 years to pay off the loan. how much more will ricky end up paying for the loan than the original value of $31,800? ricky will end up paying $ more than he borrowed to pay off the loan.