Kate borrowed $400 from her friend. she will repay this amount plus 3 percent simple interest after one year. what is the total amount she will pay her friend? $401.20 $412.00 $400.12

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asked Oct 20, 2018 222k views

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Kate borrowed $400 from her friend. she will repay this amount plus 3 percent simple interest after one year. what is the total amount she will pay her friend? $401.20 $412.00 $400.12

Mathematics
high-school

Hokkyokusei asked

by Hokkyokusei

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3 votes

Answer:

B) $412

Explanation:

on plato

Xarcell answered Oct 21, 2018

by Xarcell

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7 votes

3% = .03

400 • .03 = 12

400 + 12 = $412.00

Tyler Pflueger answered Oct 26, 2018

by Tyler Pflueger

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