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Jane borrows $4000 dollars from her bank.she has a simple interest loan at 5% interest rate and will pay it back over 4 years how much interest will she pay back

Jane borrows $4000 dollars from her bank.she has a simple interest loan at 5% interest rate and will pay it back over 4 years how much interest will she pay back
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Jane borrows $4000 dollars from her bank.she has a simple interest loan at 5% interest rate and will pay it back over 4 years how much interest will she pay back

User Youssef CH
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1 Answer

2 votes
4000x.05=200*4= 800
User Bhordupur
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8.1k points
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