brandilove1536
brandilove1536 brandilove1536
  • 01-03-2017
  • Mathematics
contestada

Acelynn borrows $1337 to buy a four wheeler. The interest rate is 4% for the 14 year loan. Q: A: How much interest will she pay back for the money borrowed?
A) $53.48 B) $748.72 C) $534.80 D) $2085.72

Respuesta :

Berzinji
Berzinji Berzinji
  • 03-04-2018

1337 x 0.04 ( 4% ) = $53.48

$ 53.48 x 14 ( years ) = $748.72

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