Shauna borrows $400 from her parents to buy a phone. She agrees to pay them back plus 4% simple interest over one year
Which equation represents the total amount Shauna will owe her parents?
Let t represent the total amount owed.
1Points
A
t = 1.04 + 400
B
t = 0.04 + 400
C
t = 400 + 400(0.04).