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Rita has taken out a loan for $2000 to help pay for a car. The 2-year loan has 12% simple annual interest. What is the total amount of money that she will have paid back at the end of two years
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Rita has taken out a loan for $2000 to help pay for a car. The 2-year loan has 12% simple annual interest. What is the total amount of money that she will have paid back at the end of two years

User Gaurav Chauhan
by
7.7k points

2 Answers

4 votes

Answer:

The Answer IS: 2480 I just did the question

Explanation:

User Miguel Prz
by
7.8k points
4 votes

Answer:

it should be $2480

Explanation:

User Barry Gackle
by
8.6k points
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